The upmarket mixed used development, 32 Napier, has been officially launched – with six of the units being sold within 48 hours of the announcement on Wednesday 22 February.
The development, which is located on the corner of Napier Street and Moreland Terrace in De Waterkant, takes advantage of the site’s prime location with views towards the mountain and sea.
Made up of 19 residential apartments, one and a half floors of commercial space, and 141 parking bays, 32 Napier is expected to be completed by March 2018.
The Tower Property Fund are the owners and developers behind the project, which was designed by award winning architects dhk. FWJK is responsible for project management, quantity surveying and development management.
The ground floor provides over 320m2 of office space, whilst the first floor comprises of retail space with a wrap-around terrace as well as one 2-bedroom and one 1-bedroom apartment. Each subsequent upper floor comprises of one 2-bedroom and four 1-bedroom apartments with two 2-bedroom penthouse apartments on the fifth and final floor.Three levels of underground parking will be added below Napier Street, stretching towards the Cape Quarter, adding vital new parking for the area.
32 Napier forms part of the trendy and vibrant De Waterkant Village, with its cobbled streets and sidewalk cafes, and is also part of the Cape Quarter Lifestyle Village.
The Cape Quarter is a landmark development in Cape Town’s CBD, and one which continues to evolve – taking shape into what will be one of the most iconic and desirable mixed used centres in the City – drawing both local and overseas visitors alike.
According to Karen Muller of Leapfrog Property Group, the sole agent on 32 Napier, there is great demand for the newly launched apartments, with six apartments selling in the first two days. “De Waterkant is central to the V&A Waterfront, Cape Town Stadium, Cape Town Convention Centre, City Centre, Table Mountain and famous beaches. Coupled with this is the fact that 32 Napier has been registered for a Green Star SA – Multi Unit Residential Certification – making the apartments an excellent investment opportunity.”
The apartments at 32 Napier Street start at R2 850 000 VAT inclusive and interested parties can visit www.32napier.co.za or contact Karen Muller on 083 657 0285.