2016 CON JULY FINAL LOW

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MANHATTAN QUARTER TOPS OUT
Being developed by the Rabie Property Group at a cost of R150-mil-
lion, Manhattan Quarter comprises generously sized apartments
which were all sold out months ahead of construction which
started in July last year.
The apartments were sold for between R1 425 000 and R4,8-million
and are housed in two adjoining blocks with a staggered skyline of three,
four and five storey sections and serviced by two lifts off a central lobby
with a concierge desk.
They range from one bedroom units to four bedroom duplexes and vary
in size from 70 m2 to 228 m2, including balconies. All apartments will have
secured, covered parking for two cars and overlook either the Grand Canal
or the largest public park in Century City.
Manhattan Quarter is conveniently located on a site adjoining Manhattan
Towers – a 15-storey block of 82 apartments set over a ground floor
commercial component including a restaurant and conference facilities –
and Manhattan Wharfside – a strip of single and double storey apartments
fronting onto the Grand Canal. The existing Manhattan components were
built in red facebrick and this architectural element is being carried through
to Manhattan Quarter.
It is also in easy walking distance of Canal Walk Shopping Centre – which
is a bridge over the canal away – as well as restaurants, a park, schools, a
crèche and the MyCiTi bus station.
Designed by Munnik Visser Architects, Manhattan Quarter is being
constructed by Big Ben Construction. Handovers and transfers are scheduled
for November this year.
The rest of the Manhattan precinct, which will include a commercial
component, a restaurant, a large park and a crèche for 160 children, is also
under construction and due for completion in November.
According to Brian Usher, Sales Director of Property World, Century City
residential properties have shown significant capital growth in recent years
due to demand for properties in the precinct far outstripping supply.
“Century City has definitely become a sought after residential node
due to a number of factors including its high level of safety and security, its
well-maintained environment and the fact that there is every conceivable
facilities right on the doorstep.
“As soon as resale properties come on the market they are snapped up
and we are always looking for stock.
“Sales in new developments at Century City have also strongly outper-
formed the rest of the market,” he said.”
Construction of Manhattan Quarter, a complex
of 63 apartments overlooking the Grand Canal in
Century City, has topped out and is on schedule
for completion in mid-October.
On site of the Manhattan Quarter residential development at Century
City which has now topped out are from left, Greg Jenkins and Miguel
Rodrigues of Rabie Property Group and Louis Coetzee and Mogamat
Abrahams of Big Ben Construction.
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