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Century City’s R220m Luxury Retirement Apartment Block Launches

Palme d’Or, the fourth apartment block in the Oasis Luxury Retirement Resort at Century City, Cape Town, is to be launched soon. Meaning ‘golden palm’ in French, and named after the highest prize awarded at the Cannes Film Festival, Palme d’Or will be “unashamedly upmarket”, according to Colin Green, a director of the developer, the Oasis Joint Venture, which includes the Rabie Property Group and a Harries Projects consortium.

Ranging in size from 94m2 to 228m2, the 43 luxury one-, two- and three-bedroom apartments will include top-of-the-range finishes, covered terraces and air conditioning. The majority of the units will have utility rooms, and all one-bedroom units will have studies. Priced from R2.65-million to R8.5-million, VAT inclusive and with no transfer duty payable, all units will have basement parking, and most of them will have a storeroom included in the price. To be developed at a cost of R220-million, the 11-storey Palme d’Or will be served by two lifts and a 24-hour dedicated concierge. Its construction follows the successful completion in July of the third apartment block in the development Palm Royale, which comprises 58 units over 11 storeys.

The first two phases of the Oasis development consisted of the Palm Springs and Palm Grove apartment blocks, with 174 units in total as well as a club house where all residents automatically enjoy membership. The facilities include a 25m indoor heated pool where regular water aerobics classes are given by a qualified teacher; a massage room, sauna, steam room and fully equipped gym; a library, lounge areas, a restaurant, bar, bridge room and billiard room; and a new 200-seater, multipurpose recreation and entertainment venue with a patio overlooking ponds and landscaped gardens. The gardens were extended with the opening of Palm Royale and will be further extended with Palme d’Or. Also completed in phase one was the Oasis Care Centre, which offers hotel-style assisted-living units, frail care, a specialised Alzheimer’s/dementia unit as well as physical rehabilitation.

As with Palm Royale, Palme d’Or will be linked undercover to the Oasis Club. Green said that besides all of the facilities provided at Oasis, its location in Century City puts it within easy walking distance of other amenities, including the Intaka Island wetlands reserve and Canal Walk Shopping Centre. Occupation is scheduled for June 2016.


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