New residential complex for Century City

Waters Edge, a new high-rise residential development of 144 apartments overlooking the 16ha Intaka Island wetlands reserve and surrounding waterways, is being launched at Century City by Rabie Property Group.

Artist’s impression of Waters Edge, the latest residential development to be launched at Century City.

To be built on the banks of a canal at a cost of R350 million, Waters Edge will comprise 41 one-bedroom apartments, 71 two-bedroom apartments and 32 three-bedroom apartments including two penthouses. All apartments will have balconies and will be hard wired offering high speed internet connectivity.

Units vary in size from 62 square meters to 205 square meters, including balconies, and are priced from R1.7m to R5.7m, including VAT.

Designed by Munnik Visser Architects, the eight storey building will stand on a plinth that elevates the height of the structure by two floors and allows for pedestrian movement and extensive landscaping of the ground level plaza.

The columns on which the building is perched have been inspired by the manmade heronries in Intaka Island and the sculptured building form is shaped by the canal contours.

Waters Edge, which will be north and north east facing, is to be built on a site between Aurecon and KnightsBridge and backing onto Canal Walk Shopping Centre. An adjoining structured parking garage will act as a buffer between Waters Edge and the shopping centre.

The building will be serviced by three lifts with at least one allocated basement parking bay provided for each apartment. Residents will be able to rent additional bays in the public parking garage which will also provide parking and 24 hour concierge services for visitors.

Basement parking for residents will have a separate entrance to the structured parking garage and offer direct access to the apartments through two lift lobbies.

Rabie development manager, Miguel Rodrigues, says this is the last remaining site left to be developed in the heart of Century City.

“It will have views over Intaka Island into perpetuity as this is a protected reserve area. We are pulling out all stops to bring a very special product to the market worthy of its setting. Waters Edge straddles two worlds – fronting onto nature – with the convenience of Canal Walk shopping centre a minute’s walk away. It is also within easy walking distance of many of Century City’s other amenities including Intaka Island and Central Park where all the various sports clubs and leagues meet weekly.

“We expect keen interest from investors who want to capitalise on the strong rental demand for residential units in Century City and from owner occupiers, due to its location and convenience,” says Rodrigues.

Construction of Waters Edge is expected to start in March next year with completion scheduled for mid-2017.

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