Palme d Or

Palme d’Or – new R220m luxury retirement apartment block for Oasis

Palme d Or

Palme d’Or, the fourth apartment block in the Oasis Luxury Retirement Resort at Century City, is to be launched shortly.

Meaning Golden Palm and named after the highest prize awarded at the Cannes Film Festival, Palme d’Or will be “unashamedly upmarket”, according to Colin Green a director of the developer, the Oasis Joint Venture which comprises the Rabie Property Group and a Harries Projects consortium.

The 43 luxury one, two and three bedroom apartments will boast top of the range finishes, covered terraces and air conditioning, and will range in size from 94 square metres to 228 square metres. In addition almost all of the apartments have utility rooms and all one bedroom apartments have studies.

Priced from R2 650 000 to R8 500 000, VAT inclusive and with no transfer duty payable, all apartments will have basement parking and most of them will also have a store-room included in the price.

To be developed at a cost of R220million, the 11-storey Palme d’Or will be served by two lifts and a 24 hour dedicated concierge.

Its construction follows the successful completion in July of the third apartment block in the development, Palm Royale, which comprises 58 apartments over 11 storeys.

The first two phases of the Oasis development consisted of Palm Springs and Palm Grove apartment blocks with 174 units in total as well as Club House, of which all residents automatically enjoy membership. The facilities 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, billiard room and a new 200 seater multi-purpose recreational/entertainment venue with a patio overlooking ponds and beautiful landscaped gardens which were extended with the opening of Palm Royale and will be further extended with Palme d’Or.

Also completed in phase one is the Oasis Care Centre which offers hotel-style assisted living apartments, frail care and a specialised Alzheimer’s/Dementia unit as well as physical rehabilitation.

As with Palm Royale, Palme d’Or will be linked undercover to the Oasis Club.

Green said besides all the exceptional facilities provided at Oasis, its location in Century City put it within easy walking distance of other world class amenities including the Intaka Island wetlands reserve and Canal Walk Shopping Centre.

“In addition, Century City’s pristine environment, beautiful landscaping, its high level of safety and security, its modern infrastructure and MyCiti bus service and so forth provide further appeal to purchasers.”

Construction of Palme d’Or is due to start in January 2015 with occupation scheduled for June 2016.

Green said there had been strong pre-launch interest and there was a growing list of potential purchasers who would be invited to an invitation only pre-launch function on Thursday 30 October ahead of the public launch on the weekend.

Anyone interested in being invited to this function should contact Cindy, Linda or Lorenda on 021 2500592/3 or Cindy on 0824957168.

Palm Royale nears completion

Oasis Palm Royale

Palm Royale, the third apartment block in the Oasis Luxury Retirement Resort in Century City, is nearing completion.

With practical completion still a month off and the first transfers scheduled for end June, buyers have already snapped up 42 of the 58 apartments for a total value of more than R197million which equates to 75% of the total value.

Purchasers attended a function on site this week to celebrate the completion of the new extended communal facilities which include a 200 seater multi-purpose function room, a large water fronting patio and a new hobbies room creatively built in a hollowed out berm that separates the resort from Ratanga Road.

The beautifully landscaped gardens have been extended as has the water feature to create a scenic lake and a flowing stream onto which a number of the ground floor apartments front.

Owen Futeran of the developers, the Oasis Joint Venture which comprises the Rabie Property Group and a Harries Projects consortium, said that there had been a flurry of sales in recent weeks with three additional units close to finalisation.

“We expect the R200million mark will soon be reached as the momentum is fast building with buyers now able to see what they will be getting rather than just buying off plan.”

The R260million Palm Royale block comprises spacious two and three bedroom apartments which range in size from around 100 square to 237 square metres and vary from garden apartments to penthouses.  Priced from R2,5million to just over R8million, many of the apartments boast spacious balconies suitable for entertaining with wonderful mountain and sea views.

The first two phases of the Oasis development consisted of Palm Springs and Palm Grove apartment blocks with 174 units in total and a Club House, the facilities of which would not be out of place in a five star hotel and which all residents automatically enjoy membership of. These facilities 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.

Also completed in phase one is the Oasis Care Centre which offers hotel-style assisted living apartments, frail care and a specialised Alzheimer’s/Dementia unit as well as physical rehabilitation.. All apartment owners receive Primary Health Care assistance provided by the Care Centre and a new clinic will be located in the Palm Royale building.

Palm Royale Century City will be linked undercover to the Oasis Club and its new extended facilities.

For details phone Cindy, Linda or Lorenda on 021  5287310 or 082 4957168. For Care Centre enquiries phone Lizzie Brill on 021 5287301.

Oasis Palm Royale show apartment now available for viewing

A furnished show apartment is now available for viewing in Palm Royale the latest block in the Oasis Luxury Retirement Resort at Century City, where more than R185m of sales have been concluded five months ahead of completion.

Colin Green, a director of the developers, the Oasis Joint Venture which comprises the Rabie Property Group and a Harries Projects consortium, said the R260m Palm Royale block boasted a number of green building initiatives to reduce its carbon footprint.

These, he said included LED lighting throughout, timers and photocells in the common areas together with movement sensors. “In addition, performance glass has been used which not only reduces heat penetration but also reduces sound transmission.

Furthermore load limiting relays have been used in the apartment distribution boards which means that the geyser will switch off when the oven is turned on.”

Other green initiatives employed include the use of treated effluent piped from the Potsdam Wastewater Works for the irrigation system while the ponds and water features make use of storm water recharging for top up purposes.

“In addition low VOC paints have been specified throughout and all garden waste generated will be mulched/chipped for re-use in the planted areas,” he said.

Green said construction of Palm Royale was on track for completion in May this year with 19 of the 58 apartments still available for “discerning buyers looking for a superior retirement home with world class facilities”.

Among its many unique selling points, Palm Royale offers residents optic fibre connectivity at speeds ranging from 5 Mbps to 1 Gbps via Africa’s fastest and one of a kind Open Access Network at highly competitive rates from one of several service providers.

“This creates a healthy competitive environment where residents are free to select a service provider of their choice and to swap service providers should they be unhappy with the service they are getting. High speed connectivity allows residents to use their smart TV / internet to its full potential and the cutting edge technology is capable of keeping abreast with new products and changes in the market.”

Green said a primary health care package was included in the monthly levy which entitles residents to three free bed nights per annum at the on-site care facility which is licensed by the Department of Health and Board of Health Funders of SA.

“There is a qualified Sister on duty 24 hours a days and the Care Centre caters for emergency advice, assistance, or admission of apartment residents, depending on the seriousness of their situation.  “The Care Centre also has an assisted living and frail care facility, as well as an Alzheimer’s / Dementia wing and also offers physical rehabilitation.”

Green added that apartments at Palm Royale were being sold on a sectional title basis.
“This means that the properties are an asset and purchasers or their heirs benefit from the capital appreciation over time. Only 20% of the profit once sold is payable to the levy stabilisation fund.”

The show apartment is available for viewing by appointment. For further details contact the Sales Office on 021 528 7310.

Palm Royale sales top R150million

Since April this year a further R50million in sales have been notched up at Palm Royale, the third phase of the Oasis Luxury Retirement Resort at Century City, bringing total sales to date to over R150million.

With nine months to go until completion and transfer,  30 of the 58 sectional title apartments have now  been sold. This represents 52% in number and 57% in value, says Owen Futeran of the developers, the Oasis Joint Venture which comprises the Rabie Property Group and a Harries Projects consortium.

Futeran said the greatest demand to date had been for the larger three bedroom units, which had accounted for 20 of the 30 sales with two bedroom apartments making up the balance of sales.

Being developed at a cost of R260million the spacious two and three bedroom apartments range in size from around 100 square to 237 square metres and vary from garden apartments to penthouses.  Priced from R2,5million to just over R8million, many of the apartments boast spacious balconies suitable for entertaining with wonderful mountain and sea views.

Futeran said all apartments will have basement parking bays while a number of store rooms were also available. The first two phases of the Oasis development consisted of Palm Springs and Palm Grove apartment blocks and a Club House, which boasts amenities a five star hotel would be proud of and which all residents automatically enjoy membership of. These facilities 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.

Also completed in phase one is the Oasis Care Centre which offers hotel-style assisted living apartments, frail care and a specialised Alzheimer’s/Dementia unit. It has a Physical Rehabilitation Licence and Board of Health Funders of SA PR number for qualifying patients. Palm Royale 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 200 seater multi-purpose recreational/entertainment venue with a patio looking out over ponds and beautiful landscaped gardens.

Futeran said resales in Palm Springs and Palm Grove were also going strongly with three apartments recently having been sold by their agents. “And  demand for rental apartments is also extremely high and as we stand now there is absolutely no rental stock available and we have a waiting list of would-be tenants,” he said.

For details go to Palm Royale or phone Cindy, Linda or Lorenda on 021  5287310 or 082 4957168. For Care Centre enquiries phone Lizzie Brill on 021 5287301.

Oasis owners enjoy good capital growth

Oasis-Palm-Royale-Sep2013

Units in the first two phases of the Oasis Luxury Retirement Resort at Century City have shown significant capital growth since the first sales were undertaken in 2005.  In total, 24 of the 174 apartments in the Palm Springs and Palm Grove blocks have since been sold on by original purchasers at prices which have been on average 23,55% higher than the original purchase prices.

Owen Futeran, a director  of the developer, the Oasis Joint Venture – which comprises Harries Projects and the Rabie Property Group – said the average length of ownership of these  on-sold properties before resale  was  four years four months, which equates to an average annual growth rate of 6,37%.  He said other than three distressed sales where sellers could not hold on for a better price, sellers had in the main shown good capital growth although this had varied quite considerably with the larger, more expensive units generally showing stronger  capital growth.

“The highest price increase of 54% was recorded for a three bedroom penthouse in Palm Springs which was purchased for R1 980 000 in 2005 and resold  in 2009 for R3 050 000 – giving an average annual growth of 13,6%.  Then there was one unit bought for R2 020 000 in 2005 and sold for R2 975 000 two years later – a capital growth of more than 47% or 21.65% per year.”

Futeran said that in line with the rest of the market, the sharpest increase in property values at Palm Springs and Palm Grove had been seen between 2005 and 2007 before the market dipped.

He pointed out that in terms of resales at Oasis the 5% agents commission comes off the gross profit, after which the seller pays 20% of the net profit towards the levy stabilisation fund for the resort.

The first two phases of the Oasis development consisted of Palm Springs and Palm Grove apartment blocks as well as a Club House, which boasts amenities a five star hotel would be proud of and a trail blazing Care Centre offering state-of-the art health care facilities and services.

Palm Royale, construction of which will be completed in the first half of next year, 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.

For details go to www.oasisretirementresort.co.za or phone Cindy, Linda or Lorenda on 021 5287310 or 082 4957168.

Morris Alexander – a legend in his lifetime

 

 

?????????????????????????????????Morris Alexander

He ran 10 Comrades Marathons winning gold for three as well as four other medals; he was invited to tea with King Farouk of Egypt after he was part of the official reception party at the station in Alexandria to meet the king’s sister Fawcia after she was banished back home by her husband the Shah of Persia;  he was on the train with the Senussi King taking him across Libya to greet his people in 1944 after  years in exile during the Italian invasion; he has climbed the Great Pyramid of Giza also known as the Pyramid of Cheops; he was a guinea pig for the first Air Sickness detection test and trained as an air force navigator during World War 2 and his grandfather, Richard Charles Alexander, then the Durban police superintendent,  and his third wife, Jane, saved the life of Mahatma Ghandi in Durban in 1896.

But what 94 year old Morris Alexander, a resident at the Oasis Luxury Retirement Resort at Century City, is perhaps best known for is being the official historian of the Comrades Marathon between 1960 and 1985 and for the three  definitive  editions of The Comrades Marathon Story  he penned during this time.

In fact in the words of John Cameron-Dow who was to succeed Morris as official historian of the Comrades: “I doubt that there has been a finer book in the broad field of South African sport than Morris Alexander’s The Comrades Marathon Story…..All those who have run the great race talk about the legendary Comrades spirit and Morris Alexander captured it perfectly. In fact, he went further, he enhanced it. With all the skill of a greatly gifted author and the understanding of a pioneer runner and devoted administrator, Morris provided a living record that will remain an integral part of Comrades culture.”

Other than “the war years” when he was serving primarily in East Africa (Kenya and Abyssinia, now known as Ethiopia), Aiden and Egypt, Morris ran 10 Comrades Marathons between 1937 and 1952 delivering his best performance in 1949 when he was placed fourth. He was also placed fifth one year and sixth another.

It was a different race back then, he says.  A much smaller affair. And while the distance has never changed, the route has.  “In the early years of the race only part of the route was tarred.  It was only fully tarred in the early-1930s.  When I was running there were also a lot more steep inclines and descents. There were no graded roads, those would only come later. They simply went straight up the hill.”

The steepest climb, he says,  was  Huntleys Hill – it was steeper but much shorter than the other great hills on the race – Cowies Hill, Fields Hill, Botha’s Hill, Inchanga and Polly Shortts.  And while the route is now built  up much of the way between Durban and Pietermaritzburg, in the 1950s much of it was  undeveloped, very scenic and dotted with roadside country hotels and restaurants..

The competitors too, he says, have changed over the years.

“Back then we worked all day and trained in the evenings. Now many of the competitors are full-time athletes.  It is their job.”

It gives Morris great pride that in 1975  the Comrades  became the first truly ”Rainbow nation sporting event” where  regardless of one’s skin colour or gender  one was able to compete.

His running years were matched only by the years he then dedicated to administrating the race. In fact in 1950 it was Morris who practically single handedly  saved the marathon from a certain death and from then until 1956 he served as chief executive of the organising committee, then a “small, amateur club affair” that was  the forerunner to the Comrades Marathon Association which under Mick Winn would grow  into a major world sporting event.

For his major contribution to the Comrades, in 1990 Morris was the first “living” person to be awarded an Honorary Life member of the Comrades Marathon Association (CMA).  A posthumous award was made to the Natal MEC for Roads, Frank Martin the year before.

While his first love is the Comrades,  his second is Ships and Travel and he has notched up quite a few nautical miles in his time. In fact he sailed on five troop ships during World War 2 and has undertaken 30 other long sea journeys on mailships and cruise ships including the Astor, the Queen Elizabeth 2  and the Queen Mary 2. He has also travelled by Concorde.

“I have been to 83 countries and seen most of the great wonders of this world. The one place I have not been to is the Goudini Spa and I don’t plan going there any time soon,” he chortled.

Morris defies his 94 years and while his mobility is not what it used to be he manages to get around pretty well with the help of his zimmerframe.

When we chatted, Morris was recovering from a heart procedure  – a Trans-Aortic Valve Implant. True to form he got himself discharged from hospital within a week and in no time at all he was again up and about.

Morris has been married twice, each for 33 years.  His first wife, Nesta, with whom he had three children, died in 1975 from breast cancer. He married his second and current wife, Huibrecht, five years later.

His favourite hobby is scrapbooking  and to date he has amassed  14 tomes entitled My Life, Interests and Times in which he has documented not only highlights of his life but also milestones in the world around him and even whacky incidents that have amused him. And there are many of those as it is a keen sense of humour, a keen intellect and a cheery outlook that continues to steer  Morris through life.