The Orangerie offers stylish doublevolume living in a heritage area
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.