New Cape Town Foreshore apartment block nears completion

New Cape Town Foreshore apartment block nears completion

The Duke rooftop deck has landscaped reading pods and barbecue pergolas as well as an outdoor gym and a pool.

Construction is well under way on the redevelopment of a 10-storey 1960s Modernist building at 5 Heerengracht in Cape Town’s Foreshore.

The Duke is a new residential development overlooking Fountain Circle below and Table Mountain above. Space in this gentrified and upmarket node is fast shrinking and The Duke is designed to suit buyers looking for apartment living opportunities and investors in the buy-to-let market.

According to the development team at Mosaic Group, the developer, the Duke will look and feel more like a contemporary, boutique hotel with facilities and services that cater to both long- and short-term residential needs.

With 81 apartments, there are several types to choose from including studios and one and two bedroom units, all with air conditioning, luxurious finishes, fixtures and fittings.

“The Duke takes its cue from international trends,” says Chris Marsay, marketing manager at Mosaic. “Nowadays, astute investors are looking for distinctive opportunities rather than ‘vanilla’ apartment investments. This is why we have incorporated the hospitality element, and related expectations and that come with that. We believe it all starts with that identity and the hotel-like feel.

“A fully serviced concierge and additional facilities means investors can unlock value with short- and long-term leasing options.”

The building was redesigned by architect Lisa Rorich, known for her work on luxury lodges like Singita in Tanzania, and others in Botswana and the Seychelles. The interiors were created by Raewyn Hayhoe, known for her green building specialisation and luxurious eco-friendly residential lifestyle estates.

Revolving doors open into the main reception lounge with a concierge desk. Uniformed staff will take care of key drops, giving personalised door entries and introductions for short term rentals.

The rooftop deck strikes a creative balance between landscaped, sanctuary reading pods and barbecue pergolas as well as an outdoor calisthenics gym and pool.

Marsay says: “The Mosaic Group does not believe in funding developments on the back of pre-sales. We wanted to take our time to develop apartments to levels of excellence, not readily available in this market. The completed apartments place buyers in a risk-free position, enabling them to walk through the finished product totally satisfied before making their investment decision.”

The development team includes: Mosaic Group, Lisa Rorich Architects, Evolution Architects, DDK Design, Spoormaker and Partners (mechanical and electrical engineers), STBB (conveyancers), and Hulme and Associations (structural and civil engineers).

Apartments are priced from R1.29 million. The project is nearing completion and two floors of apartments will be ready for occupation by the end of October.