Cape Town developer, Blok is enjoying substantial success with its micro and studio apartments which are located in developments which around the Atlantic Seaboard from Green Point to Sea Point, Bantry Bay and Fresnaye.
I stayed in an apartment at Six on N, one of Blok’s Sea Point developments. It was a very clean and modern setup off of Norfolk Road in Sea Point. The access to Sea Point’s main roads, promenade and other features was very good. Residents had access to rooftop pool as well as underground parking. While the development might not include cafeterias and other communal living spaces and facilities just yet, it has really been all about its position among something of a magical village by the sea. Next month, Norfolk deli will launch at Six on N and a gym and communal laundry will also open soon. I enjoyed my stay there and was well-hosted by the Elevate team.
The seaboard is incredibly popular with locals and foreigners who are prepared to live in functional lock-up and goes. These people all have one thing in common: they want access to the beautiful beach promenades of Cape Town. The Sea Point promenade is stunning and very hip among young professionals. It has become popular to wake up and take dips in rock pools around Sea Point at the crack of dawn. Then people may go for a “run along the prom” before heading to work, after which they are back on the promenade, having a stroll. It’s healthy and enlightening. You can do a lot of thinking along the promenade and maybe plan your great novel.
Location is the key for Sea Point and its surrounds. Dutch, German and American foreigners will buy a 32m2 apartment to use for a few weeks in December, January or February while SA enjoys its summer. They might use Airbnb to rent out the apartments at other time during the year to a student or businessperson on a project. A local 30-something might buy an apartment which they’ll use when not in the office, working from a coffee shop or enjoying the promenade. Blok has joined forces with Elevate at Six on N and they plan to work together on future properties.
Blok has launched 15 buildings since its formation, including 343 on B which was its 15th and the next, the 16th will launch in April.
Its upcoming developments includes 126 on M and 82 on M, which will be built in 2023 and 2024.
alistair@propertyflash.co.za
Alistair Anderson was a guest of Blok in December 2022.