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“Uber-cool” Matrix now launching at Century City

Matrix Century City

A total of 51 “uber-cool” apartments, 1300 square metres of double volume ground floor retail and 3000 square metres of offices are now being launched for sale in The Matrix, part of a new mixed use property being developed around an urban square which is destined to become the bustling new commercial and hospitality hub of Century City.

An eclectic mix of retro and contemporary styling The Matrix combines robust facebrick facades with concrete, glass and steel to make a strong creative statement and provide an impressive address for both residents and companies.

Being developed by the Rabie Property Group at a cost of R205million, the sectional title mixed use property development will comprise six double volume retail units on the ground floor ideal for high visibility destination retail such as boutique showrooms, restaurants and service retail. These range in size from 217 square metres to 332 square metres.

The next three floors will consist of flexible office space ranging in size from 120 square metres to a full floor of 1530 square metres and selling at around R20 000 per square metre.

The one, two and three bedroomed residential apartments on the top three floors vary in size from 45 square metres to 103 square metres, and are priced from R1 360 000 to R3 060 000. Some boast balconies and many will enjoy spectacular sea and mountain views.

Steve Cloete, project manager for Rabie, said “nested” parking in a super basement would be allocated on the basis of one per 100 square metres for offices and one bay for one bedroom apartments with the pricier two beds and all three bedroom apartments having two bays. Additional parking bays will be available on a casual or monthly basis in a structured parking building also fronting onto the Century City Square.

Cloete said following their experience at other recent residential and commercial launches at Century City they expected sales to be brisk, particularly for the residential apartments.

“At the launch of our Mayfair development late last year all 130 apartments were snapped up in literally days – with the first 70 units being sold within 45 minutes at a pre-launch function.

“We have a fairly extensive list of potential purchasers who missed out on our earlier projects which were all sold out long before completion and some even before construction starting.”

The Matrix apartments and offices, he said, had been designed to appeal to both investors and owner occupiers looking for a “sexy asset” and a trendy address close to the hustle and bustle of the Century City Square.

“The apartments, with their distinctive architecture combining exposed concrete ceilings with beautifully finished bulkheads with downlighters, timber vinyl floors and exposed brickwork interiors, are very different to what we have done before and will, we believe, appeal to a broad market.”

Cloete added that north and west facing apartments would all have airconditioning and all apartments will have a high level of finishes including cutting edge, fully imported kitchen with high quality built in appliances.

Also fronting onto Century City Square is a 900 seat Conference Centre with a total capacity of 1900 over 20 venues, a 125 bedroom hotel, the Annex, 4500 square metres of offices to let over four floors above the conference centre with ground floor entrance; the Apex, an iconic eight storey building comprising 7900 square metres of offices over seven storeys of offices with ground floor restaurants, bistros and coffee shops which is available for purchase or to let and a six floor structured parking building. This, together with a super basement parking garage, will provide a total of 1330 parking bays for the buildings around the Century City Square.

To register your interest go to www.thematrix.cc

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