Construction of Palm Royale forges ahead
Palm Royale, the third and by far the most luxurious high rise block of apartments at the Oasis Luxury Retirement Resort at Century City in Cape Town, is under construction.
Setting new standards in high-end retirement living and ticking all the boxes for discerning buyers, Palm Royale is taking the market by storm with more than R106million in sales having been notched up to date, and a further five deals totalling around R20million close to finalisation.
Being developed at a cost of R255million, the 58 sectional title apartments in Palm Royale are selling for between R2,45million and R8million. The spacious two and three bedroom apartments range in size from around 110 square to 237 square metres and vary from garden apartments to ”homes in the sky”. Many of the apartments boast spacious balconies suitable for entertaining with wonderful mountain and sea views.
All units will have basement parking bays while a number of store rooms will also be available.
Palm Royale comprises phase three of the Oasis resort which has garnered a number of top international and local awards including being named the top Retirement Development in South Africa by the prestigious international CNBC Property Awards Association in 2008 and receiving a merit award from SAPOA in the same year for innovative property development.
The first two phases of the development consisted of the Club House, which boasts amenities a five star hotel would be proud of; a trail blazing Care Centre offering state-of-the art health care facilities and services and the first two blocks of apartments – Palm Grove and Palm Springs – where all of the 174 apartments have already been sold.
The well-equipped Oasis Club, which all residents automatically enjoy membership of, offers a wide range of indoor and outdoor social, health and sports facilities managed by skilled experts. These include a 25m indoor heated pool where regular water aerobics classes are given by a qualified teacher, a massage room, sauna, steam room, fully equipped gym, a library, lounge areas, a restaurant, bar, bridge room and billiard room. There is also an exercise room for aerobics, yoga and Pilates under supervision of professional instructors as well as an outdoor croquet oval.
Palm Royale, construction of which will be completed in April 2014, will be linked undercover to the Oasis Club, the facilities of which are also to be extended in terms of the current construction contract to include a new multi-purpose recreational/entertainment venue with a patio looking out over ponds and beautiful landscaped gardens.
The standalone Oasis Care Centre, which offers hotel-style assisted living apartments,frail care and a specialised Alzheimer’s/Dementia unit, has recently had its Subacute license upgraded to a Physical Rehabilitation discipline.
The centre has a multi-disciplinary team that is well equipped to deal with patients requiring treatment after being discharged from hospital following surgery or a medical trauma such as a stroke.The team comprises a medical doctor, an occupational therapist, a physiotherapist, a neuro-physiotherapist, a language and speech therapist as well as highly qualified Nursing Staff who together provide outcome based treatment for patients in these circumstances.
The Physical Rehabilitation facility also has a Practice Number issued by the Board of Health Funders of SA (BHFSA) that enables patients to be admitted under Medical Aid authority for varying lengths of time.
The Care Centre was also one of the first facilities in the Western Cape to obtain an Adult Mental Health licence for its Alzheimer’s & Dementia wing, and is a leader in its field.
The centre works closely with the Department of Health which has used the facility to assist with establishing core standards for the planned National Health Insurance.
Owen Futeran, a director of the developers the Oasis Joint Venture, which includes the Rabie Property Group, said that while most of their purchasers do not initially require the services of the Care Centre it provided residents with peace of mind knowing these exceptional facilities were on hand should they need them.
For details go to www.oasisretirementresort.co.za or phone Cindy, Linda or Lorenda on 021 5287310 or 0824957168. For Care Centre enquiries phone Lizzie Brill on 021 5287301.