An exciting opportunity has arisen in the Cape’s highly sought-after suburb of Higgovale with the renovation of Queensbury Mansions, a three-storey residential complex consisting of 12 sectional title apartments. This project is exclusively marketed by Jawitz Properties and handled by property consultants Darice Loeb and Lolly Unterslak of Jawitz Properties City Bowl.
“The existing building has been completely transformed inside and excavated underneath to accommodate and provide for secure parking,” says Unterslak. “There are very few sectional title developments available in this exclusive area, and we have had plenty of interest from prospective buyers,” Loeb adds.
Developed by Peerutin Architects, prices for the apartments range from R1.6- to R4.6-million (transfer costs apply) and the apartments have one, two or three bedrooms. Each apartment is unique, ranging in size from 43m2 to 107m2, each with a different layout. Larger units have up to two bathrooms and each apartment offers either a terrace, balcony or garden space. “Despite only being a three-storey building, a lift has been added on the premises. There are also two staircases, one on either side of the complex,” Unterslak says.
Prospective purchasers who get in on this development have a variety of countertop and flooring options from which to choose. The apartments have an open plan feel and the outdoor space on offer makes the building pet-friendly, which is a bonus in the city.
Registration of transfer and occupation is expected at the end of November. “This is an excellent investment opportunity for buyers,” says Francois Venter, director of Jawitz Properties. “Rental yields, as well as demand for property in the City Bowl, make this an attractive investment option.”
Queensbury Mansions enjoys close proximity to trendy Kloof Street, Table Mountain, the MyCiTi bus stop in the area, as well as top schools and the Cape Town Mediclinic.