SIGNATURA

Signatura's Executive Update
April 2016


Dear Subscriber,

What a start to the year! Despite macro-economic and political turmoil, the market in our traditional areas in the Atlantic Seaboard, City Bowl and CBD has continued to show exceptionally strong demand, resulting in our lowest stock levels since inception five years ago. In this period we have sold R1,5 billion in development property across 18 projects. There is no doubt this figure - impressive though it might be - would have been far higher if it weren’t for the difficulty in acquiring suitable development opportunities in these areas, and in obtaining timeous planning approval decisions from relevant local authorities.

We believe our developments have been extremely well received by purchasers for two intrinsic reasons: the quality of the Signatura product in terms of design and delivery, and the prime locations we have identified and acquired.

However, there is no denying an additional factor is the built-in investment value our projects offer, due to the fact that typically we are selling at today’s prices for delivery in 18 months time. This is a significant period of capital growth in Cape Town’s prime residential areas, where house price growth significantly outstrips national averages. In fact, most authorities, such as Dr Andrew Golding, are reporting growth rates of over 25% in the last 12 months in select areas such as Sea Point and Green Point!

It seems clear that these were the driving factors in the amazing market response to our most recent development, The Barkly in Ocean View Drive, where six out of the seven apartments were snapped up within two weeks of the launch.

This week we are delighted to be unveiling our new development, The Beacon, our biggest project since Chelsea on Main. This six-storey building will be developed at the end of a quiet little cul-de-sac in a stunning part of Green Point. By obtaining and consolidating two neighbouring erven, we have created an extremely rare opportunity to produce a substantial apartment block in which the economies of scale allow for luxury amenities such as a communal swimming pool and sun deck, ample basement parking, and an impressive reception area with a 24-hour concierge service.

We are confident that the release of the Beacon will see the same kind of eager response from buyers we saw at The Barkly, so if you are interested in one of these truly exceptional apartments, please get in early. I hope to see you at the launch in Romney Street on Thursday!

John Rabie



LAUNCHING THIS WEEKEND... GREEN POINT'S
BRIGHTEST DEVELOPMENT SINCE THE LIGHTHOUSE!


Signatura is proud to present The Beacon, a shining example of contemporary urban design in the heart of residential Green Point. Located in a quiet cul-de-sac between High Level and Main Roads, this is an extremely rare opportunity to invest in a substantial new building in an increasingly sought-after area, within easy walking distance of an amazing array of shops, restaurants and lifestyle attractions such as the Green Point Urban Park, the Cape Town Stadium and the V&A Waterfront.

LUXURY APARTMENTS FROM R2,35 MILLION
No transfer duty. Occupation late 2017. Features include:
  • 24 spacious one and two bedroom apartments
  • One three bedroom duplex penthouse with private pool
  • A communal swimming pool and sundeck
  • Ample basement parking – two bays for most apartments
  • All apartments have substantial terraces
  • Most will have wonderful sea or mountain views
  • 24-hour concierge at the reception desk
  • Lift from basement parking to all floors
  • Underfloor heating in all main bathrooms
  • SMEG appliances and fibre optic cabling
ON SHOW ON-SITE THIS WEEKEND: 10 ROMNEY ST, GREEN POINT
Open daily from 10am to 5pm. For price lists and floor plans, click here.

 
53 on Kloof
  FULLY FURNISHED FRESNAYE PENTHOUSE FOR SALE – P.O.A.

Inspiringly decorated by the brilliant Francois du Plessis, we are selling this ready-to-occupy penthouse on behalf of the current owner.

• 4 spacious bedrooms
• Internal size: 274 sqm
• Terrace size: 109 sqm
• 6 parking bays & storeroom

For an appointment to view - or if you'd like us to re-sell your own Signatura apartment - call Anton on 083 506 7829.
 


The Barkly
  Signatura's latest Sea Point stunner is perfectly located on the corner of Barkly Road and Ocean View Drive, an outstanding position that offers gorgeous ocean views, mind-stilling tranquillity and superb urban convenience. Confident in the quality of Juan Bernicchi's brilliant design for this wonderful site, we took a very low-key approach to marketing The Barkly, yet quickly sold 6 of the 7 apartments in just two short weeks. To view floor plans and pricing of the last apartment, click here.  
View more of our stunning interiors
 
  FOR SALES PLEASE CALL OR EMAIL   Anton McElhone 083 506 7829   Enver Deedat 082 263 3337   www.signatura.biz   Facebook Twitter Instagram  
 
 
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