Two Cen­tury City lux­ury pent­houses worth R8.2m each snapped up

Weekend Argus (Saturday Edition) - - PROPERTY -

TWO LUX­URY p e nt houses wit h in­di­vid­ual price tags of R8.2m are among 28 flats snapped up by buy­ers over the fes­tive sea­son in the Crys­tal Tow­ers de­vel­op­ment at Cen­tury City.

Crys­tal Tow­ers Res­i­dences forms part of the R750m mixed-use de­vel­op­ment which in­cludes the 180room five-star Crys­tal Tow­ers Ho­tel and Spa, offices, con­fer­ence and meet­ing fa­cil­i­ties, a state-of-the art day spa, restau­rants, 24-hour deli and an in­ter­nal street link­ing the flats and ho­tel tow­ers.

The ho­tel, which is part of the African Pride Col­lec­tion, opened in De­cem­ber last year with the rest of the de­vel­op­ment, in­clud­ing the flats, which are due for com­ple­tion in April.

The to­tal value of flats sold in the nine-storey res­i­den­tial tower block ex­ceeds R80m and a fur­ther seven sales are pend­ing, which will take the value of sales to over R100m, says sales di­rec­tor Allen Usher.

“This is an ex­cep­tional per­for­mance at the mo­ment, par­tic­u­larly as we opted for a soft launch and have not yet started a ma­jor mar­ket­ing cam­paign. Many of the sales have been to buy­ers who were vis­it­ing or stay­ing at the ho­tel and were im­pressed by the de­sign and qual­ity of t he build­ing and t he f ive-s t ar life­style it of­fers,” says Usher.

The 91 lux­ury flats range from stu­dios de­signed for cor­po­rates and busi­ness trav­ellers to larger flats for owner oc­cu­piers. Flats are priced from R1.5m to over R10m for the lux­ury du­plex pent­houses.

He says the sale of the two R8.2m pent­house flats had set a new bench­mark at Cen­tury City. The pre­vi­ous record for a res­i­den­tial prop­erty at Cen­tury City was R5.2m, which was for a pent­house flat in Knights­Bridge.

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