Construction World April 2021

PROPERTY

DRAWING INTEREST FROM PROPERTY-SAVVY MILLENNIALS

Evo Properties, the highly successful, Cape Town-based, sales and leasing property and development management agency have another exciting development on offer, this time on the Atlantic Seaboard.

T he seaside suburb of Sea Point is home to a variety of people of all ages and from all walks of life, and with the convenience and close vicinity to beaches, cafes, restaurants, bars, and the hub of the city centre, it is the ideal location for Millennials to rent and buy property. Evo Properties have been increasing their portfolio for the past seven years. Brothers Emanuel and Stephan Germanis, as well as their friend and business partner Matthew McWilliams have had resounding success in the property market, specialising in sales and letting property-brokering and property-development consulting. In particular, they have cornered the Millennial buyer market by educating their tenants and property buyers on just how easy it is to buy property and also how lucrative. Their latest project is in partnership with Basil Logan, Managing Director of Tyris Realty. Established in 2000, the company is well-known for its involvement with commercial projects and has established a solid reputation for delivering architectural craftsmanship, engineering, integrity, honesty, and customer satisfaction. In the last decade the company has been instrumental in the development of almost 4 000 residential units, as well as multiple commercial, industrial, leisure and retirement development projects all over South Africa. The new development venture is East of Main, situated in Oldfield Road in Sea Point. As Emanuel Germanis explains: “This part of Sea Point is in a heritage protection overlay zone and the site is next door to a large park. It’s also a one-way street system, so it is a quiet and surprisingly open location.” In staying with the Victorian row-house theme, East of Main is specifically designed as a contemporary extension of the heritage buildings on the street; a bit of a departure from what Evo Properties have done in the past: “Often architects design to ‘stand out’ from the context; in this case our developer client opted to use the architectural

design to further strengthen the existing heritage context,” Germanis said. The area’s Victorian style and charm inspired a ‘contemporary Victorian’ design, to add its own unique character: “The developer has taken the contemporary Victorian theme through to the details of the building. The presence the building has on the street and park is carried through into the features like bay windows, and more classical finishes.” Germanis said. The building embraces the hypermodern concept of compact living with ingeniously-reimagined studio apartments, incorporating sleek and spatial design, high-quality finishes, natural daylight, clean lines and refreshing palettes for a simpler, safer, more sustainable way to live. There are 22 units altogether in this boutique block, spread uniquely in the contemporary Victorian row-house design. Features include: High-speed fibre connectivity, energy-efficient and water- wise fittings, back-up inverter for common property and essential services, and bicycle parking. There is also secure parking available, security fencing and access control, CCTV and 24-hour surveillance. There are balconies on the 1st and 2nd floors and patios for the ground floor units to enjoy the views of Signal Hill and endless sunsets over the sea. Each unit boasts cleverly-crafted space and storage, elegant bathrooms with subway tiles and high-quality fittings. They will also have contemporary-designed kitchens, with built-in kitchen hob, under-counter oven and extractor appliances as well as fully-fitted cupboards. East of Main will be a haven for young and up-and-coming Millennials, looking to live, rent or buy property in the most perfect location in town. It ticks all the boxes for lucrative short-term rental potential as well. The new venture, project managed by Tyris Realty, is set to be complete by July 2022. ▄

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