The Orangerie of­fers stylish dou­blevol­ume liv­ing in a her­itage area

Weekend Argus (Saturday Edition) - - PROPERTY -

ALONG­SIDE the Mount Nel­son Ho­tel, the stylish com­plex The Orangerie has risen on the 8 000m2 site in Or­ange Street for­merly oc­cu­pied by Disa Place.

Of the 94 apart­ments, a lim­ited num­ber are still avail­able, says Lau­rie Wener, MD of Pam Gold­ing Prop­er­ties’ West­ern Cape metro re­gion.

“There are lim­ited op­por­tu­ni­ties to ac­quire prime space in one of the most en­dur­ingly pop­u­lar ar­eas of Cape Town, where the con­sis­tent de­mand en­sures a sound cap­i­tal in­vest­ment,” she says.

“The re­main­ing units in­clude gar­den apart­ments, all with two bed­rooms and a few with an ad­di­tional study, priced from R3.24 mil­lion to R3.45m. There are also two sec­ond­floor apart­ments priced at just over R3m. Se­cure un­der­cover park­ing is in­cluded in the price, and there is lift ac­cess into the build­ing. All prices in­clude VAT.”

All the units over­look land­scaped gar­dens and there are four ex­te­rior glass lifts with scenic views of Ta­ble Moun­tain and the grounds. There is off-street park­ing for vis­i­tors.

The build­ings are in the fi­nal stages of com­ple­tion, with oc­cu­pa­tion due within a month.

“This de­vel­op­ment has been very well re­ceived, and buy­ers are mainly per­ma­nent or semi-per­ma­nent end users, in­cor­po­rat­ing lo­cals and over­seas buy­ers – in­clud­ing ex­pa­tri­ates. The in­vest­ment buy­ers are longterm in na­ture and we have had sur­pris­ingly few re­quests for re­sales be­fore trans­fer,” says Wener.

She says the City Bowl area en­joys a peren­ni­ally high de­mand for res­i­den­tial rentals. “It’s too early to quan­tify, but we ex­pect high de­mand with good rental re­turns.”

The gar­den apart­ments in The Orangerie in­cor­po­rate ter­races which ex­tend into com­pact gar­dens, in a suf­fi­ciently el­e­vated po­si­tion for se­cu­rity and pro­vid­ing scenic views over the canal or wa­ter­way which is a cen­tral fea­ture run­ning the length of the land­scaped gar­dens. With the ex­cep­tion of a few one-bed­room units, apart­ments have two bed­rooms and two bath­rooms and are dou­ble-vol­ume, loft-style with pa­tios, gal­ley kitchens and many with in­te­rior court­yards. All cor­ri­dors are en­closed and large pic­ture win­dows en­sure max­i­mum views whether you are in­side or out­side the apart­ments. Kitchens and bath­rooms have mod­ern, high-qual­ity fin­ishes and there are gen­er­ously pro­por­tioned built-in cup­boards, with ac­ces­si­ble, straight stair­cases to the loft level.

The Orangerie is sur­rounded by her­itage build­ings in­clud­ing the Mount Nel­son Ho­tel and the Labia, and with the beau­ti­ful his­toric build­ings on the Uni­ver­sity of Cape Town’s Hid­dingh cam­pus and the Com­pany’s Gar­den op­po­site. The Dutch Re­for med Church synod build­ing on the cor­ner of Queen Vic­to­ria and Or­ange streets has un­der­gone a ma­jor re­build and is about to open as 15 on Or­ange, a lux­ury, mixed-use build­ing with a ho­tel, a re­tail com­po­nent and restau­rants.

CEN­TRAL: A wa­ter­way runs the length of The Orangerie’s land­scaped gar­dens.

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