Romney Park Luxury Apartments, situated on the ever-popular Atlantic Seaboard, are expected to be sold out by the end of the year. That’s the word from co-owner in charge of sales Susan Versfeld, who notes that the growing number of enquiries she’s getting, both locally and nationally, is a clear indication that the development – previously known as Romney Park Hotel and Spa – is ticking all the right boxes.
The exterior of the iconic Green Point landmark will remain nearly untouched, maintaining its magnificent façade of colonial luxury. The elegant apartments, which have a contemporary-colonial look and feel, have either an enclosed garden or a balcony offering the perfect place to unwind and enjoy the beautiful skylines.
The interior refurbishment started in May, with the first show flat slated to be ready for viewing by August and occupation in December.
Bang for your buck
The sea-facing apartments are exceptionally well priced, with the one-bedroom units starting from R3 090 000 for 60m2 excluding VAT and with no transfer fees payable. The closest one-bedroom competitors in the vicinity go for about R2 850 000 for 45m2 excluding VAT and transfer duty fees, which adds up to a significant R11 833 more per square metre. Nearly all the luxury apartments come fully furnished, blending contemporary finishes with colonial furnishings, all designed by interior designer Christo Koegelenberg.
“What makes Romney Park unique is the generous sizing and attention to detail, which are qualities lacking in many of the developments popping up along the Green Point strip,” Versfeld confirms.
Location location location
Romney Park Luxury Apartments are situated in a quiet cul-de-sac in the heart of Green Point. This sought-after location is conveniently close to the V&A Waterfront, good-quality schools and some of Cape Town’s spectacular beaches. It’s also close to many other outdoor areas, including the Green Point Park, the promenade and the slopes of Signal Hill, making staying fit and healthy that much easier.
For residents working in the city centre, Romney Park is the perfect place, as the short commute cuts down on time spent in traffic. And if you don’t want to drive to work, no problem: the MyCiti bus services the area, running weekly from 5am to 8pm.
A sound investment
Properties along the Atlantic Seaboard have always been in demand and recent statistics show that hasn’t changed. In the past five years alone, property prices in the neighbourhoods stretching from Green Point to Hout Bay have increased by an average of 134%, providing ample appeal to investors both locally and globally.
Romney Park Luxury Apartments provides a rental service run by an experienced management team; and, with 24-hour security and CCTV, the apartments are also the perfect lock-up-and-go option.