Trendy and vibrant De Waterkant Village with its unique European influence is situated on the slopes of Signal Hill and overlooking Table Bay.
32 Napier, located in the heart of the De Waterkant Village niche market, with cobbled streets, sidewalk Cafe's and the Cape Quarter Lifestyle Village.
Boutique block of 1 & 2 bedroom luxurious residential apartments on Napier Street.
All apartments with a parking bay.
Spectacular Harbour/Sea, Table Mountain, Village and City views.
De Waterkant is central to the V&A Waterfront, Cape Town Stadium, Cape Town Convention Centre, City Centre, Table Mountain and famous beaches.
Registered for a Green Star SA - Multi Unit Residential Certification - WATER AND ENERGY EFFICIENTGREEN BUILDING DESIGN SUMMARY
|Description||Size||Floor plan||Price Incl. VAT.|
|Unit - 101 (2 Bed)||106 m²||-||-|
|Unit - 102 (1 Bed)||39 m²||-||-|
|Unit - 201 (2 Bed)||79 m²||-||-|
|Unit - 202 (1 Bed)||43 m²||-||-|
|Unit - 203 (2 Bed)||63 m²||-||-|
|Unit - 204 (1 Bed)||68 m²||-||-|
|Unit - 301 (2 Bed)||79 m²||-||-|
|Unit - 302 (1 Bed)||43 m²||-||-|
|Unit - 303 (2 Bed)||63 m²||-||-|
|Unit - 304 (1 Bed)||68 m²||-||-|
|Unit - 401 (2 Bed)||79 m²||-||-|
|Unit - 402 (1 Bed)||43 m²||-||-|
|Unit - 403 (2 Bed)||63 m²||-||-|
|Unit - 404 (1 Bed)||68 m²||-||-|
|Unit - 501 (2 Bed)||119 m²||-||-|
|Unit - 502 (2 Bed)||152 m²||-||-|
The Napier Street development for Tower Property Fund comprises of 19 high-end residential apartments above two levels of commercial space on a narrow site in De Waterkant, adjacent to the Cape Quarter.
The development is located on the corner of Napier Street and Moreland Terrace and the building provides a transition between the larger scale of the Cape Quarter and the smaller buildings on Jarvis Street.
The new apartment block replaces an existing two storey building, taking advantage of the full development capacity of the site, the proximity to nearby retail & restaurant facilities as well as the spectacular sea, mountain and city views.
The ground floor provides over 320m2 of office space and the first floor comprises of retail space with a wrap-around terrace as well as a 2-bedroom and 1-bedroom apartment. Each upper floor comprises of one 2-bedroom and four 1-bedroom apartments with two 2-bedroom penthouse apartments on the fifth floor.
Three levels of underground parking are planned along the length of Napier Street connecting 32 Napier to the Cape Quarter, providing 141 new parking bays in total.
The Tower group owns a high quality diversified portfolio of office and retail properties based (50 properties valued at R5.1 bn) predominantly in Gauteng and the Western Cape, with some exposure in KwaZulu-Natal. Flagship properties include Cape Quarter, a landmark retail and office property in Cape Town and Upper Grayston Drive Office Park, a green star rated office park in Sandton.
The company's objective is to provide investors with strong investment returns, comprising a growing income stream and capital value. This will be achieved firstly, by adding value through active property asset management, and secondly, through the cost-effective 'greening' of properties in the portfolio which will result in reduced occupation costs for tenants and increased investment performance.
Tower has adopted an active strategy of 'greening' key properties. This is through improving energy efficiency, which is resulting in significant savings in electricity costs, thus making buildings more competitive and helping to "future-proof" them against future rises in tariffs. Basic cost effective energy and water savings measures that can be implemented at low or no cost are being applied across the portfolio. The two largest properties in the portfolio, Cape Quarter and De Ville Shopping Centre have undergone lighting retrofits, resulting in reduced energy consumption. Cape Quarter was the first building in the portfolio to have Solar installed at the property at an IRR of 17%.
Buildings are being benchmarked against the Green Building Council of South Africa's 'Energy and Water Benchmarking tool' and their improvement in performance is monitored and reported on. These measures increase the competitiveness and values of buildings in Tower's portfolio over time.
dhk is an established design-led multidisciplinary studio encompassing architecture, urban design and interior design. From its offices in Cape Town, Johannesburg, and Port Elizabeth dhk carries out work in South Africa, throughout Africa, and Europe and across all sectors.
dhk has completed projects across all sectors and at a range of scales, including interior design and spatial planning, new buildings, refurbishment and restoration, and creation of large scale urban design frameworks and masterplanning.
BetterLife Home Loans is the largest mortgage originator in South Africa, with more than 15 years' experience in helping home owners purchase their dream homes or investment properties. In this time, we have established preferential relationships with the country's biggest banks, and a number of major estate agency groups. We are committed to helping you take the hassle out of buying your home or investment property.
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