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January 2016
Housing
A
zure on the Bay at Big Bay
on the west coast of Cape
Town is due for completion
by May 2016. The well positioned
residential development will offer 83
apartments, with most sold already,
according to Shiraaz Hassan, Asrin
Commercial Director.
Pam Golding Properties are posi-
tive that they will achieve full sell out
of the units by the end of February
2016. Hassan says, “In terms of timing
and placement of this development,
we feel that these units have been
well received because there is a scar-
city of beachfront units.”
He adds, “Buyers in the scheme
have been attracted by the richly
landscaped, sheltered communal
courtyard area with pool,” he said.
In addition, being close to the ocean
and a stone’s throw from the Eden
on the Bay retail centre, allows the
discerning investor to enjoy the
best that the West Coast has to offer
without having to drive anywhere.
This has enhanced the investment
appeal of Azure.
Hassan says, “The Big Bay Wa-
terfront is definitely set apart from
many others when it comes to offer-
ings within walking distance. Those
who live here have many world-class
restaurants on their doorstep as well
as convenience stores and a good
selection of boutique stores.”
The beach is a popular spot for
many and becomes a hive of activity,
particularly in the holiday season. “It
offers pretty much all the lifestyle at-
tractions that the Atlantic Seaboard
does, at a fraction of the price, and
without the frustration of a shortage
of parking or congestedopen spaces,”
says Hassan.
The design of the building has
been well-conceived, with its single
basement parking area allowing di-
rect access to units via a lift, and view
corridors strategically placed so that
each unit enjoys a viewof either Table
Bay, the courtyard or the sea.
“Many of the units have already
gained 11% in value since the launch,”
concludes Hassan.
■
Azure on
the Bay