SkyscraperCity Forum banner
1 - 11 of 11 Posts

11,390 Posts
Discussion Starter · #1 ·
NAME: Salt River Junction
FLOORS: Unknown
USE: Residential

Price from R379 500

Brand New Development – Only 5% Deposit Secures

Salt River Junction, a new contemporary style development offering studios, 1 bedroom and 2 bedroom apartments. Priced from R379 500 (including transfer and bond registration fees) the units provide exceptional value for money. The complex will feature state of the art biometric access control systems and a 24 hour security service.

Salt River Junction is conveniently located near Salt River Railway Station, offering access to Cape Town CBD by rail or road, in a matter of minutes. It is also ideally situated to access most of Cape Town’s major business nodes. With secure covered parking on-site and a mere 20 metre walk to Salt River Junction the complex is ideal for commuters and safe for visitors.

PARKING EXTRA (inclusive of VAT)

28,981 Posts
Property development gearing up for SA rail network rejuvenation

With the predicted increased usage of rail based transportation in South Africa fuelled by the recent petrol price surges and increasing congestion on major roads - properties with good access to the rail network are set be more popular, with tenants and buyers alike. Cape Town is poised to follow international trends set in cities like London where properties in close proximity to stations to command rental and price premiums. Recently launched Salt River Junction, which is due for completion in November 2009, is in extremely close proximity to Salt River station, promising to take advantage of the massive Cape Town Development Strategy initiative currently taking place in the area.

According to property developer Edward Black of Urbode, the development was conceived with the vision of complimenting the trend towards increased infrastructural developments in the area, especially The Department of Transport’s recently announced substantial investment into the recapitlisation of South Africa’s commuter train fleet. The replacement of the local Metrorail carriages will take place ahead of the 2010 World Cup and improved security and ticketing systems at stations can be expected at the same time.

The Salt River and Woodstock suburbs are undergoing massive regeneration with the emergence of various high value developments, including the R1 billion Black River Park office park, The Lion Match Factory and the Old Biscuit Mill. The restoration of a myriad of different Victorian buildings and rehabilitation of the local park are transforming the suburb into an urban conservation area.

“In keeping within the realm of these fast growing trends in the area, the Salt River Junction development will form a valuable investment for buyers with an anticipated return of 8%. With the unit prices being 20%-30% less than other developments, recently sold out in the area, our competitive pricing strategy positions Salt River Junction perfectly in making the units affordable for first time buyers who now cannot afford to purchase property in the City Centre whilst still desiring a central location. The redevelopment initiatives are ultimately extending the inner city environment to other peripheral areas of Cape Town, making it exceptionally attractive and viable to this market” says Louise Maranz from Vered Estates.

Located on the boarder of Salt River and Observatory, Salt River Junction is almost equidistant from the City Centre, Claremont CBD and Century City with excellent access to all main roads and public transport nodes.

“With an industrial modern contemporary flair and neutral colour palate embodying the interior of the units, occupants have the choice and flexibility to furnish their individual apartments according to their preferred colour schemes, where we have essentially provided them with a blank canvas to work with. From the investment buyers perspective, the power floated concrete floors will make the interior attractive and extremely durable, making this ideal for the inhabitance of the rental market at a low maintenance level for the property owner” says Maranz.

Maranz adds that the spatial design alongside other elements of the development will be ergonomically engineered so as to economise the use of energy needed to heat the surrounding interior space and provide natural light to common areas. In an attempt to safeguard against energy wastage, instant hot water heaters will be installed, which have proven to be 15%-30% more energy efficient than geysers.

With breath-taking views of Devils Peak, Tygerberg Hills and parts of Table Bay from the building, the two entertainment decks located on the 3rd floor will be perfectly positioned for the enjoyment of these spectacular views. Security is now of paramount importance to residents and Salt River Junction will offer a sophisticated bio-metric access control system and 24 hour guarding. Secure basement parking will also be available for the majority of the units.

The development comprises 100 units, made up of studio (30m2), one bedroom (45m2) and two bedroom (60m2) apartments. Unit prices start from R 379 500.
1 - 11 of 11 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.