#Pepper Club - 19F - Mixed Use - CBD | Complete

[Mo Rush]

Thanks for helping to keep us up to date with all the developments in the CBD. It does get a bit ridiculous with all thats planned and happening and staying up to date with all of it! Not so easy to get R30 billion + worth of developments into the projects section.

[Harkeb]

very 80's design...ie. OLD!

[Die Kapenaar]

CT high-rise selling fast

Thu, 31 Jul 2008 14:39

The Pepper Club, touted as the hottest address in Cape Town, will forge an unique investment opportunity together with a burgeoning new lifestyle trend in the CBD. This sophisticated Long Street development, due for release in 2009, offers private as well as corporate investors a chance to get their piece of the very trendy pie that Cape Town’s city centre has become.

Set on an entire block between Long and Loop Street, this unique investment boasts panoramic views of the best that Cape Town has to offer. It's part of the vibrant Long Street life and a short drive away from the V&A Waterfront, cable car, many world famous beaches as well as offering easy access to transport routes headed for the Winelands. This development not only offers an affordable yet sophisticated physical asset for first-time investors, but also allows tenants to experience first-world exclusivity in an exciting, cosmopolitan environment.

Luxury amenities of a top hotel

The development, a 20-storey tower with 250 apartments, boasts all the important luxury amenities of a top hotel including a state of the art fitness centre, laundry and cleaning services, swimming pool and sun-deck, private movie theatre, 24-hour security, undercover parking and a concierge to attend to your every indulgent need.

“Recent development trends have seen the conversion of old office blocks into apartment complexes. The Pepper Club is unique in that it moves away from this trend to redefine the notion of elite apartment living with the construction of a brand new high-rise, with state of the art amenities and finishes, to lift the standard to a level not previously seen,” says David Solomon, chairman of Solomon Brothers Property Holdings.

At a time when investment potential in the property industry is hard to find, the launch of The Pepper Club development might just be the opportunity for savvy, young investors to gain a strong financial asset that promises both growth as well as the premium lifestyle that this up-and-coming jet-set have come to expect of the Mother City.

As an investment, the apartments are leased out on short-term lets, which allows for a projection of positive cash flow revenue from day one. The developers guarantee an interest rate of prime minus five percent on the mortgage finance, making it easier to own an income generating asset in the soul of modern downtown Cape Town.

The Pepper Club has also come along at the right time. With popular financial press stating that we are reaching the top of the interest rate cycle, it is a good time to buy, as property prices are expected to rise in the near future. “Its proximity to important tourist landmarks, beaches and shopping centres, as well as the Greenpoint stadium, puts it in the ideal position to take advantage of the major anticipated shortage of accommodation for the 2010 World Cup,” enthuses Solomon.

20 percent of the apartments sold within the first week

Solomon revealed that 20 percent of the apartments sold within the first week. "This clearly demonstrates the value and popularity of this unique investment opportunity. Each apartment features the very best of exclusive contemporary finishes with granite kitchen tops, plasma screen televisions, air-conditioning, plate-glass windows and balconies allowing for panoramic views over the city.”

There is an exclusive shopping mall on its ground level which will include the likes of health, beauty and other speciality stores. Coffee shops, fine dining restaurants and bars will spill over onto the best of night life, café culture, boutiques and antiques that Long Street has to offer.

Apartments range from studios of 34m² to luxurious penthouses of 400m² with prices ranging from R799 000 to R16.5-million.

[Mo Rush]

the renders without the "sunset" background are muuuch better

[Mo Rush]

[Die Kapenaar]

‘Sersant Pepper’ se enkelwoonstel-klub

22/07/2008 00:01 - (SA)

Carin Smith

Die nuwe Pepper Club-ontwikkeling van sowat R300 miljoen, op die hoek van Pepper- en Langstraat, gaan die herlewing van Kaapstad se sakekern verder aanwakker.
Volgens mnr. Richard Boxford, direkteur van die Kaapstadse afdeling van die Britse eiendomsmaatskappy Life Residential, het die ontwikkelaars, Solomon Brothers Development, ná ’n aansoekproses van vier jaar uiteindelik toestemming gekry om die gebou van 20 verdiepings op te rig.

Boxford meen dat dit waarskynlik die laaste groot nuwe gebou in sy soort in die sakekern sal wees aangesien daar nie veel meer oop ruimte beskikbaar is nie.

Die ontwikkeling bestaan uit 275 residensiële wooneenhede en het kleinhandel- en kantoorspasie op die grondvloer.

Parkeerplek is op die laer vloere beskikbaar teen sowat R70 000 elk.

“Ons het al lank voorspel dat al hoe meer mense gaan verkies om in die sakekern te kom woon om naby hul werk te wees en sodoende verkeersknope en die stygende petrolprys die hoof te bied.”

Ten einde kopers tegemoet te kom, bied die ontwikkelaars finansiering teen 5% onder die prima koers en hulle waarborg dit vir twee jaar.

Eienaars het ook die opsie om hul eenhede as deel van die ontwikkeling se hotel-bedrywighede te verhuur.

“Sulke hotel-verhuringsopsies is ’n tendens wat veral die afgelope jaar al hoe gewilder begin raak het.

“Die groot voordeel daarvan is die aanpasbaarheid wat dit bied, want eienaars kan hul eenhede in die verhuringspoel plaas en weer daaruit verwyder soos dit hulle pas,” sê Boxford.

Hy glo die tydsberekening van die bekendstelling van die ontwikkeling is goed, want dit sal teen laat 2009 voltooi wees, betyds vir die 2009-’10-somerseisoen, gevolg deur die Wêreldbeker-sokkertoernooi 2010 en dan nog ’n somerseisoen van 2010-’11.

“Die ontwikkeling is in ’n baie lewendige deel van die sakekern en dis boonop vyf minute se ry van Clifton se strande en die V&A Waterfront.”

Pryse begin by R899 000 vir eenmanwoonstelle wat wissel van 34 m² tot 44 m².

In pas met die toenemende gewildheid van eenman- en eenslaapkamer-woonstelle, is die meeste van die wooneenhede in die Pepper Club eenmanwoonstelle.

Eenslaapkamer-woonstelle van sowat 60 m² is te koop teen R1,5 miljoen en tweeslaapkamer-woonstelle van 75 m² begin by R2 miljoen.

Van die 17de vloer af is daar dupleks-woonstelle met pryse van tot R4 miljoen.

“Dink net aan die asemrowende uitsig wat die woonstelle oor die berge en die see gaan hê. Die ontwikkelaars het ook ag geslaan op ons raad dat mense graag ’n balkonnetjie wil hê,” sê hy.

Van die geriewe in die gebou is ’n swembad, ’n gimnasium, restaurante en selfs ’n intieme klein bioskoop.

“Die ontwikkeling bied beslis baie toegevoegde waarde en Life Residential bemark dit ook sterk via ons kantoor in Londen,” sê Boxford.

>> ‘Ons het lankal voorspel dat ál meer mense in die sakekern wil bly.’

[Mo Rush]

[nitin_verma1]

Looks like perfect investment opportunity. What u all investment guru say ?

[Caisson Boy]

I think Mr Boxford is talking out of his bum.... 5 minutes' drive to Clifton's beaches? I'd like to see that! And he's saying this is probably the last large building of its kind going up in Cape Town, as we are now basically out of space... Don't quite know what to make of that...

[arak]

"I think Mr Boxford is talking out of his bum.... 5 minutes' drive to Clifton's beaches? I'd like to see that! And he's saying this is probably the last large building of its kind going up in Cape Town, as we are now basically out of space... Don't quite know what to make of that... "

what a mook....loop street is what?? no 5 min drive anywhere in CT traffic exp in summer hols...never mid rain.. and crime free in building...problem is how to get in and out of it safely!! oh...and last point....World Cup 2010? Is that a fact?

[annman]

Originally Posted by Caisson Boy

I think Mr Boxford is talking out of his bum.... 5 minutes' drive to Clifton's beaches? I'd like to see that! And he's saying this is probably the last large building of its kind going up in Cape Town, as we are now basically out of space... Don't quite know what to make of that...

MORON! Cape Town has numerous much-larger developments in the CBD in the pipeline, he obviously doesn't know about the Cape Town Partnership!

PS, what on earth does that "quip" mean about "South Africa 2010?"

[Caisson Boy]

Originally Posted by arak

what a mook....loop street is what?? no 5 min drive anywhere in CT traffic exp in summer hols...never mid rain.. and crime free in building...problem is how to get in and out of it safely!! oh...and last point....World Cup 2010? Is that a fact?

Excuse me, are you stupid or something? Your very first post and you've just made a complete arse of yourself!

[Lydon]

Originally Posted by arak

oh...and last point....World Cup 2010? Is that a fact?

Well if you're asking if we'll be hosting it, yes that is indeed a fact.

[Mo Rush]

Originally Posted by arak

"I think Mr Boxford is talking out of his bum.... 5 minutes' drive to Clifton's beaches? I'd like to see that! And he's saying this is probably the last large building of its kind going up in Cape Town, as we are now basically out of space... Don't quite know what to make of that... "

what a mook....loop street is what?? no 5 min drive anywhere in CT traffic exp in summer hols...never mid rain.. and crime free in building...problem is how to get in and out of it safely!! oh...and last point....World Cup 2010? Is that a fact?

piss off.

[JoHaN 15]

Originally Posted by eyrie

is the white interior the salt part? I also don't like this design for CT.It looks like volkskas in Centurion

Sorry for off topic, but are you from centurion?

300TH POST!!!

[9714]

any posters bought here?

[9714]

do you guys know who the architects are on this?

[Die Kapenaar]

[Die Kapenaar]

Construction of a new apartment block on corner of Pepper and Long Street, Cape Town is underway. This new development, designed by M L B Architects, offers luxury living apartments with innovative design and personalized amenities. This exciting new 20 storey development called The Pepper Club will boast 250 spacious residences, ranging from one to two bedroomed apartments as well as duplex apartments. Within the complex of The Pepper Club there will be a state of the art fitness centre, a swimming pool, laundry facilities and a private movie theatre for residents. All residences feature upmarket and stylish finishes, including floor to ceiling windows and Sliding doors. The building features panoramic views, a palm tree lined courtyard with connects directly to the vibrant long street. This multi-million rand development is scheduled for completion is 2009.

[Die Kapenaar]

Solomon Brothers have been developing for 44 years and are one of the leading developers in South Africa. One of their most renowned landmark developments is the Promenade Shopping Centre in Camps Bay, arguably one of the most prestigious properties in South Africa. Among many other developments, the Solomon Brothers noticed there is a huge need for holiday accommodation in Cape Town. With the Football World Cup 2010 around the corner, the city is struggling to come up with plans as to how it is going to accommodate the huge increase in tourists.

South Africa’s tourism market increases by 1 million people a year. As a result, The Solomon Brothers have embarked on The Pepper Club, taking it through planning for the last 4 years! When Scott Picken, CEO of IPS asked, “Is your planning in place and when can you expect to start?” David Solomon, CEO of the company replied, “We are self funding the R360 million development and we are already on the 3rd floor! You can guarantee this development will be complete by the end of next year and we were so confident in the product that we starting building it 6 months prior to launch! There are no other investment products like this in the market, we were the first to engineer a new financial product with the banks and we know that it suits all sectors – the investors and the holidaymakers!”

This 20 storey tower has 250 spacious residences with innovative design, personalised amenities and unsurpassed services, all masterfully integrated into an architectural landmark that is destined to redefine the very notion of exclusive apartment living. All residences feature upmarket and stylish finishes, including floor to ceiling windows and sliding doors. It is time to ascend to a new level of sophistication! It is time to experience the Pepper Club! You will visit the Cape for the exquisite natural beauty, you will stay for the unparalleled quality of life. Have it all – Pepper Club, Cape Town, South Africa!