New Apartments in Cape Town’s Wynberg | Chelsea

June 10, 2016·by bricprop·in Chelsea-Village, Press Releases

With the demand for apartments in Cape Town’s Southern Suburbs at an all-time high, the launch of a new development in Wynberg is perfectly timed.

This is according to Mike Greeff, CEO of Greeff PropertiesChristie’s International Real Estate, who says they are launching ‘The Chelsea’ here, located on Aliwal Road.

“The project will encompass a redevelopment of an existing building, formerly Aliwal Court, as well as the construction of an entirely new structure,” says Greeff.

“This is a rare opportunity to develop something new in Wynberg, particularly in the Chelsea vicinity,” says Warren Adler of BRIC Developments.

Adler, in partnership with Peter Blyth, will be developing this site.

“Dating back to the 1940s, the existing structure has ‘good bones’ with thick walls, spacious layouts and suspended solid wood floors,” says architect, Robert Silke.

“The wooden floors and the shell of the existing building will be retained, while the interiors will undergo a total reconstruction to feature top-end finishes and fixtures such as Grohe sanitary ware, Smeg kitchen appliances and quartz carpeting in the bathrooms.”

He says natural stone surfaces will be used for kitchen countertops.

Silke has specified bulkheads as a feature in all apartments, with the idea of housing recessed lighting. This will imbue a softer and more flattering glow to the interiors.

“The bulkhead also creates the illusion of a ceiling with endless space,” says Silke.

In Phase 1, he says there are four apartments per floor – so each occupies a corner, featuring windows on two sides.

“This is a rare luxury in apartment design,” says Silke.

He says space is another advantage in Phase 1 of ‘The Chelsea’, with above-average ceiling height due to the 40s origins of the existing building, as well as generously-proportioned rooms.

“Thoughtful design in the form of en suite bathrooms and sliding doors for built-in cupboards will help save space, while the installation of floor-to-ceiling mirrors on these doors will offer the perception of a double-sized room,” he says.

Phase 1 offers one bedroom, one bathroom and two bedroom, one bathroom apartments.

“Both configurations feature truly efficient layouts,” says Silke.

“A six-seater dining room table can be accommodated, along with a lounge suite – thanks to a linear kitchen, which is spot on with the global trend and current architectural best practice.”

He says underslung sinks will be installed in the kitchens to allow for more counter space.

Phase 1 of ‘The Chelsea’ will comprise three storeys housing twelve units.

Prices range from R1.41 million for a one bedroom, one bathroom unit, to R3.16 million for a two bedroom, one bathroom unit. Prices include parking bays.

There is no transfer duty payable, and occupation is planned for November 2016.

“Phase 2 will be a completely new structure to be erected in the area adjacent the existing building. This state-of- the-art, five-storey structure – the ground floor of which will house undercover parking – will be home to just eight units,” says Adler.

“There will be two units per floor, comprising four bachelor apartments measuring 38msqm each, and the rest will be two bedroom apartments measuring 88sqm.”

He says finishes will be the same as those planned for Phase 1, with the exception of the floors, which will be high-quality vinyl laminate in lime-washed oak.

“The two bedroom units will boast windows on three sides – which essentially creates a house in the sky – with wonderful vistas of old Chelsea village to the south, across the tree canopies and suburban rooftops to the mountains to the west,” says Silke.

He says in terms of energy regulations, the south-facing side offers the advantage of using much glass, meaning soft indirect light will abound.

“All big windows are recessed under generous eaves, providing shade from the heat and allowing floor-to-ceiling glazing.” This has the added advantage of privacy for the balcony below.

“The roof on the existing building, which is to be Phase 1, will be replaced with a lower pitched version to further augment views from Phase 2,” says Blyth. “Given that this is a fully-developed area, views are unlikely to be blocked or impeded by future development.”

While there are certainly periods of activity along Aliwal Road, Blyth says seclusion and privacy from the street will be provided by the existing trees on site, as well as the solid balustrades that will embrace balconies.

“The architectural vision is clean and contemporary, while considered use of white plaster and wood finishes gives a nod to the existing heritage design paradigm prevalent in Chelsea,” says Silke.

“Our property choices are guided by our attention to detail – as much as it is guided by our keen eye for bustling hotspots of urban living,” says Adler.

He says the position of The Chelsea, just around the corner from the characterful collection of restaurants, coffee shops, galleries, antique and décor stores of Wynberg’s Chelsea – not to mention the attraction of historic Maynardville – offers a unique and desirable lifestyle for those who choose to live there.

“Wynberg, and in particular the Chelsea area, which boasts one of Cape Town’s highest concentrations of surviving heritage buildings and homes, tops the wish lists of an increasing number of buyers,” says Greeff.

“On the day of the launch alone, nine out of a total of 12 units were sold.”

He says Propstats figures reflect that over the past 12 months, the average selling price of sectional title apartments in Wynberg rose by 8.2% when compared to the average selling price for the preceding 12 months.

“Properties in Chelsea are being snapped up within a day of listing, and at full asking price in a number of cases,” says Greeff. “Most of the buyers are couples and young professionals, as well as some investors and downscalers.”

‘The Chelsea’ is ideal for all of the above, and would also suit single parents or small families with children at one of the nearby schools,” adds Greeff.

‘The Chelsea’ is situated across the road from Wynberg Girls High School.

View the original article on Property 24

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