Estate Living Magazine #liveyourbestlife - Issue 46 December 2019 | Page 23

P R O P E R T Y
&
I N V E S T M E N T
soul of city living. Become a resident and participant in
your urban space rather than a transient work-only visitor.
It is a pragmatic, minimalistic, sustainable and functional
choice for many young professionals.
The result
A vibrant, colourful, raw living space, perhaps ‘industrial
chic’ would be a fair term. The interior finishes lean toward
functionally utilitarian, with Oggie hardwood flooring bringing
in an artistic edginess in sync with Cape Town as a whole, as well
as the history and look of the suburb that surrounds it. Units are
ready to occupy but also allow personalisation over time.
Bottom line
blok.co.za/developments/fortyonl
After decades of suburban expansion, South African cities,
particularly Cape Town, are beginning to embrace more
communal urban living as a genuine and functional choice,
something already well accepted within the global space.
FORTY ON L provides a quintessentially modern urban living
environment, blended into the existing colourful and vibrant
landscape of the Bo Kaap. It offers quality apartment living within
walking distance of clubs and coffee shops, markets and music
venues, with views to die for, and all at a reasonable price point
for the young professional or new investor.
P
FORTY ON L provides underground parking allocated to all
units (just in case you aren’t urbanite enough to give up the
motor), and communal spaces including a gym, swimming
pool and shared entertainment areas. However, although the
design is based on collaborative community living, the sloped
site and inspired design mean that there is still room for covered
balcony outdoor entertainment areas integrally built into one’s
own personal space. As a result you can choose to join the crowd
or sip wine on your veranda while enjoying spectacular views of
Table Mountain and the vibrant city at your feet.
Units: 72
Pricing: From just under R2 million for a single bedroom to over
R11 million for a penthouse.
Amenities: Swimming pool, entertainment deck, laundry room,
high-speed fibre internet, pet-friendly, CCTV security, secure
underground parking and bicycle parking.
Unit specifications: Screed flooring, exposed concrete
ceilings, bagged brick walls, plaster walls, pine and Duco-
sprayed joinery, interior colour accents, feature shelf, shelving,
Smeg cooker.
FORTY ON L is suitable for global travellers looking for a safe
lock-up-and-go urban base in a sun-drenched summer city,
or young professionals enamoured with urban living and the
simplicity and efficiency that it brings. With easy access to public
transport and a broad array of amenities, both in-house and
within walking distance, you may not even need a car. Investors
will value the opportunity for short-term rental, which allows for
income generation together with capital growth, and summer
visitors can subsidise the costs when they are out of town.
The details