Obs de­vel­op­ment will add to stock

Weekend Argus (Saturday Edition) - - PROPERTY -

A NEW Ob­ser­va­tory apart­ment de­vel­op­ment on a 5 000m² site one block be­low the Main Road is be­ing mar­keted by Pam Gold­ing Prop­er­ties.

Obs Court will con­sist of 310 apart­ments par­tic­u­larly suit­able for young pro­fes­sion­als, aca­demics and med­i­cal per­son­nel, as well as stu­dents, says Laurie Wener, Pam Gold­ing Prop­er­ties se­nior ex­ec­u­tive for de­vel­op­ments in the Cape re­gion.

“Apart­ments in the com­plex be­ing de­vel­oped by FWJK will range from stu­dios and onebed­room units to two-bed­room units with two bath­rooms. Prices start at R1.2 mil­lion and fea­tures in­clude ex­cel­lent se­cu­rity, fast fi­bre op­tic Wi-Fi con- nec­tiv­ity, an on-site laun­dry and plenty of park­ing.”

Craig Arm­strong, head of FWJK De­vel­op­ments in the Western Cape, says the de­sign fo­cus has been on cre­at­ing “a fun place to live, with ameni­ties that young pro­fes­sion­als and stu­dents would want on their doorstep. “These in­clude a pri­vate gym, a heated roof-top pool and braai area, am­ple vis­i­tors’ park­ing bays, bays for mo­tor bikes, scoot­ers and bi­cy­cles and lock-up stores on the park­ing lev­els.”

Eco- friendly fea­tures in­clude LED light fit­tings and mo­tion sen­sors, wa­ter-sav­ing san­i­tary ware and brass­ware. Hot wa­ter will come from a cen­tral heat pump sys­tem.

FWJK di­rec­tor David Wil­liams-Jones says con­struc­tion is un­der way and the tar­get date for com­ple­tion is De­cem­ber 2017.

FWJK De­vel­op­ments has com­pleted the R250m Touch­stone House in lower Bree Street and is also de­vel­op­ing the new KPMG Place mixe­duse of­fice, re­tail and res­i­den­tial de­vel­op­ment on the Fore­shore.

Wener says Obs Court is ide­ally po­si­tioned for those com­mut­ing to Groote Schuur, Mow­bray Ma­ter­nity and Red Cross hos­pi­tals, as well as Vin­cent Pal­lotti and the UCT Med­i­cal School. It’s close to the Jam­mie Shut­tle and MyCiTi bus routes and near the Ob­ser­va­tory Sta­tion.

Artist’s im­pres­sion of Obs Court, which is un­der con­struc­tion in Ob­ser­va­tory.

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