Development
Six is the name of the new apartment development brought to the market by Leisure Developments and IPS.
The building is less than 1km from the town centre, 1.2km from the V&A Waterfront and 500m from the International Convention Centre. For the investor, it’s a rare opportunity at very affordable prices with only a R25,000 deposit. The build time leading up to the FIFA 2010 World Cup event underpinned by strong rental demand in the area, gives investors excellent rent value ratio, capital growth and cash flow. For the holidaymaker, Six is an opportunity to buy the perfect pied-a-terre in Cape Town. DeveloperLeisure Development has been developing property since 1969 with a track record of over 40 successful projects to other credit. Included in their portfolio are most types of developments, namely single, group and sectional title residential and commercial, as well as industrial and new townships from raw land to finished product. Their specialty is syndication and joint ventures where they link up with other developers, land owners or investors and execute projects using our extensive experience and expertise.
Two of Leisure's recent residential apartment schemes in the ever-popular upmarket area Bantry Bay, and linking up with a hotel operator to fast-track the development of the Leisure Hotels Group. In addition, Leisure is the front-runner in completing the first inner-city conversion from commercial to residential, in Loop Street, and the first with the largest number of apartments, together with a full lifestyle centre, at ‘Perspectives’, in Roeland Street.
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