Sales continue apace in the Trilogy Collection, a R1.15 billion residential development located in Menlyn Maine, Tshwane Municipality’s first mixed-use precinct, and Africa’s first green city in the making.
With a total of 531 apartments when completed, Phase 1, a total of 374 units will transfer to the new owners in November and occupation is expected on 1 December 2019. Phase 2 is scheduled for completion in early 2021 and will comprise of 157 apartments.
Says Retha Schutte, Pam Golding Properties, Pretoria regional executive: “Such is the demand that apartment prices have risen by as much as 20% since the development was launched in 2016, underlining the demand for a live, work and play lifestyle in this urban setting.” Trilogy Collection continues to attract a mix of local and international purchasers and investors, including buyers from other parts of the African continent, young professionals, captains of industry and those who seek a base in Pretoria wanting to be part of this experience, says Schutte.
Ilma Brink, Pam Golding Properties Pretoria regional development sales and commercial property manager explains that of the 157 units in Phase 2, 21 comprise of the sold-out Platinum Collection. “This is a collection of exclusive apartments located on the 10th and 11th floors. In addition, on the 12th floor, there is a double storey presidential suite measuring 574m2 in size. This suite also offers a studio unit for staff accommodation, home cinema, climate controlled custom wine cellar, north facing terrace, private sun deck and swimming pool, two lounges and green spaces among other features. This presidential suite, the only one of its kind in the development was sold for R20.5 million.”
There are only a few spacious studio, one bedrooms and two bedroom apartments remaining in Phase 2 with prices ranging from R1.6 million for studio apartments, R2.2 million for one bedroom units and R4.8 million for two bedroom units. There is still a chance for buyers to combine studio units with two bedroom units if they are looking to purchase three bedroom units off plan as the three bedroom apartments are sold out.
Trilogy Collection is developed by Catchu Trading with GLH Architects and renowned South African architect, Henk Boogertman as advisor. The development features lifestyle amenities, including a 4 000m2 park with designer sculptures, viewing decks, walking trails, water features and recreational facilities, a private rooftop swimming pool and a garden terrace complete with a sunset bar, as well as concierge reception, secure parking, private meeting rooms, staff rooms and store rooms. There will also be dedicated cycling lanes throughout, and a number of lock-up facilities for bicycles.
Trilogy Collection enjoys street links to the Sun International Time Square which offers a five-star hotel, a casino, restaurants and the Sun Arena which hosts local and international events and conferences.
Within the precinct is Central Square – the boutique style mall with various retail stores, banks and office space, many Avon Garde restaurants and the 4 056m2 Virgin Active Collection Menlyn Maine, the fourth Collection club to open in South Africa, and the first in Pretoria. The Capital Menlyn Maine hotel is also in the precinct.
The Trilogy Collection is perfectly located as a rental solution for corporates and foreign national and embassy tenants. Young and upcoming professionals also find Menlyn Maine particularly appealing – the live, work and play concept offers security and an uninterrupted lifestyle. The rental portfolio includes, studio apartments, one, two and three bedrooms apartments and a penthouse, all of which may be rented furnished or unfurnished. The units are beautifully furnished by Incanda Furniture, located in Menlyn Maine with rentals starting from R12 000 per month.
The Capital Trilogy, of The Capital Hotels and Apartments group will operate and manage the short-term rental offering.
“We have no doubt that The Trilogy Collection will become the address of choice for the discerning lessee. We have already exceeded the expectations of the investors with the return on their investments. Demand continues to grow on a daily basis, and we are looking forward to welcoming lessees to their new homes in Menlyn Maine on 1 December,” says Thea Greeff, Pam Golding Properties Trilogy Collection rental agent.
For more information about Trilogy Collection, contact Ilma Brink on 012 365 9000/073 672 9907 or email firstname.lastname@example.org
Posted by Denise Mhlanga