Some of the most exclusive real estate in the country – Cape Town’s Atlantic Seaboard – will shortly have a new addition to the portfolio with the launch of The Cosmopolitan residential development.
One of the long-established Signatura Group’s most prestigious projects, The Cosmopolitan, will be located just over 200 metres from Queen’s Beach. Opposite King’s Road at the terminus of Regent Road, it will rise on the cusp between Bantry Bay and Sea Point.
Including three magnificent penthouses, 35 apartments will be located on the top six floors of the nine-storey building. Units will range from 42m² bachelor units to the largest 187m² penthouse, with prices starting at R2,5 million.
There is plentiful parking on the lower floors, with a ground floor retail section. Negotiations are currently underway for a welcoming bistro/coffee shop outlet.
“It is a rare opportunity to acquire such a prime site, benefitting from the seafront/ mountain cross-section, in a well-established area,” said Signatura Chief Executive Jonathan Stoller. “A seaboard address is inherently valuable and we intend maximising its full potential.”
Property is increasingly in demand following urban regeneration and community safety projects, underpinned by migration from across the country to the Western Cape.
Sea Point is one of the city’s most cosmopolitan neighbourhoods, featuring a picturesque, recently-enhanced beachfront promenade, small upmarket shopping centres, and a variety of restaurants, clubs and coffee shops. The MyCiti bus service brings Clifton’s beaches, the central city, V&A Waterfront and good schools within easy reach.
Just about everything you need can be found in this part of the city. Queen’s Beach is the most popular of the Sea Point beaches for sunbathing. It is the most secluded and a shallow gully between the rocks provides a safe spot to swim.
The Point shopping and wellness centre in Regent Road is ideal for meeting up with friends for coffee, enjoying an invigorating workout at one of South Africa’s premier gyms, getting medical care and stocking up on groceries.
Main Road offers Piazza St John (Woolworths, Ocean Basket, trendy shops and coffee bars) while Piazza Da Luz has a Spar, restaurants, hair, beauty and health outlets.
Sea Point has a long-established reputation for excellent food. Welcoming family-owned Mediterranean restaurants are now complemented by cutting-edge eateries bringing enticing international flavours, from tapas-style authentic Southern Indian cuisine, to tasty Latin American-inspired tacos.
Signatura is collaborating with Fabian Architects and Make Studios on The Cosmopolitan. Their architecture and interior design responds to the desirable location by creating inward space around a light well, plus outward space to the city and the sun, said Fabian Architects and Make Studio partner Andries Samuel. This will maximise both interior living space and views from the apartments, with balconies looking out to the sea and sunsets.
“The building is designed in a classic, but contemporary style. This is in keeping with the generally Art Deco and Modern flavours of the buildings of the neighbourhood, but also suits the complex expression needed for an urban site.
“The materials will reflect the complexity found in the building and the site. They are simple and robust because they will be combined and recombined throughout the building in a striking way. This allows great diversity from a simple palette.”
The penthouses will have access to private roof terraces via a showcase stairway.
Lines of plant boxes will accentuate the façade and greenery will soften the roof edges. The naturally ventilated parking floors will also have spaces for scooters and bicycles, so that residents can make the most of the surrounding streets and mountain slopes.