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Affordable and secure inner-city micro-living on the rise in our city
Getting your foot in the property market isn’t easy for first-time buyers due to the high prices, therefore many people are forced to rent. This also impacts city workers who want to have and enjoy more spare time in our beautiful city and spend less time commuting.
The solution may just lie with the iconic Pinnacle building, on the corner of Strand and Burg streets. The Pinnacle is relaunching to offer 239 well-priced micro-apartments in the heart of the business hub of Cape Town.
ADVANTAGES OF MICRO-LIVING
The concept of micro-living revolves around creating a neighbourhood within an apartment block. The Pinnacle forms a micro-community where people can live together in fully-integrated social spaces that offer everything you could need. The Pinnacle’s 24/7 security complements the lock-up-and-go apartments.
The work-play-live lifestyle appeals to the millennial who wants a place to live that is close to work and has all the necessary conveniences for eating out or entertaining friends on the rooftop.
THE DESIGN
Renowned international interior designer, Grant Gillis, designed the apartments. They all feature modern comforts coupled with innovative spaces that move and adapt to their inhabitants’ needs. Mutable furniture transforms into smart storage units, making the spaces comfortable and practical.
SUSTAINABILITY
People who live in Cape Town are hyper-aware of electricity and water usage. Therefore, the apartments are kitted out with brand-new kitchen appliances and LED lights, which help to keep energy usage as low as possible.
The levies are cost-effective, and the rates and bond repayments are manageable. What’s more, there are no transfer costs, which is a great help to first-time purchasers.
BUILDING FEATURES
APARTMENT FEATURES
CAPE TOWN PROPERTY IS A WIN-WIN
Buying property in Cape Town has always been seen as a sound investment. This is reflected in the high prices asked and received for property in the Mother City. Along with the Atlantic Seaboard, the city centre, too, is popular, with its spectacular views of Table Mountain and the harbour and a foray of first-class restaurants. Cape Town’s CBD is quickly turning into South Africa’s new cosmopolitan hub.
But, with the current cost of high rentals in the city, having over 170 parking bays and luxurious efficient spaces in a central location close to work, makes the Pinnacle a sought-after address.
AFFORDABILITY
Forty-eight apartments have already sold off-plan in the first two months. Prices start at R1.25 million for a 31 square metre apartment and go up to R2 million for a 36 square metre apartment. And, remember there are no transfer costs. For more details, review the online price list.
THE PINNACLE
Address: Corner of Strand and Burg streets
Contact: sales@thepinnacle.co.za
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Don’t have an inner city budget? Try these affordable apartments with a sea view.
If you need a place to stay, check out accommodation in Cape Town.
Check out our curated list of awesome accommodation specials.
Have you tried any of these unusual accommodation spots?
Take a peek at our list of cool new places in Cape Town.
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ABOUT #CapeTownMagNew:
#CapeTownMagNew discovers exciting new places in and around Cape Town and the Western Cape. We celebrate entrepreneurship and we tell their unique stories. Follow #CapeTownMagNew on Twitter and Facebook for the latest updates or read more here about new places in Cape Town.
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