Property News South Africa

Amdec announces development of The Yacht Club

The Amdec Group has announced the development of The Yacht Club in Cape Town into a mixed-use landmark at the gateway to the V&A Waterfront at an estimated cost of R1.2bn.

This prestigious development will comprise residential, hotel, and office space, making it an ideal mixed-use facility for those wishing to live, work, and play within a safe and secure precinct.

Amdec announces development of The Yacht Club

Nicholas Stopforth, Amdec Property Development's joint MD, says The Yacht Club's outstanding location makes it the ideal site for a mixed-use development.

"The Yacht Club is strategically positioned adjacent to the V&A Waterfront, a stone's throw from the Cape Town International Convention Centre and on the doorstep of the city's historic foreshore. A variety of world-class tourist, business, retail, and recreation facilities are all well represented within the immediate vicinity."

Nautical design

The Yacht Club's nautically inspired design will reflect the heritage of this unique setting. On completion it will be the biggest development of its kind in the Roggebaai precinct, joining the existing developments of Harbour Bridge Hotel & Suites and Canal Quays apartments.

Set for completion mid-2017, The Yacht Club will include a podium of modern, flexible office space and two towers of urban hotel and apartment living. It also benefits from a secure, vibrant and connected precinct, generous parking, easy access, excellent design, quality finishes and animated public areas alongside the pedestrianised canal environment.

The Yacht Club's contemporary, A-grade business space includes offices that are flexible in design. "The Yacht Club office suites are ideal for businesses with links to the node's multitude of financial or maritime corporates, the travel and tourism industries, as well as retail, conferencing, entertainment and the arts," says Stopforth.

Apartment living

The Yacht Club will also offer urban apartment living ideal for young professionals, first-time buyers and investors, as well as corporate and long-stay accommodation. It will feature a range of apartments with one bedroom, two bedroom, and luxury corner apartments that take full advantage of the building's spectacular views. Apartments will range from 54m2 to 95m2 with a starting price of R2.4m.

Stopforth points out that the precinct is designed around public areas, with benches and pedestrian pathways. The Yacht Club will offer access control as well as other cutting-edge technologies that put it at the forefront of quality and modern design. These include energy-efficient features such as double-glazing and LED lighting, making it environmentally efficient.

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