The Spectrum Development in Salt River

14 December 2022

The Spectrum offers everything to everyone near the heart of Cape Town.

A new development in the Salt River precinct promises to meet every expectation of homeowners wanting to live their best lives in Cape Town’s inner city.

Cape Town, opportunity, convenience, and contemporary urban living – the perfect blend for homeowners seeking to embrace all that Cape Town’s inner city has to offer.

Welcome to The Spectrum, a new housing development near the heart of Cape Town where smart design integrating contemporary architecture and eye-catching pops of colour meet affordability in the city’s vibrant Salt River.

The latest undertaking by Evo Property, the Cape Town-based real estate sales, letting, and property development agency, The Spectrum is designed by TwoFiveFive Architects and provides unmatched convenience of living near the city centre coupled with industry-leading design.

Once the industrial epicentre of Cape Town owing to its proximity to the CBD, Salt River is now teeming with businesses, residential properties and schools, and is known for its easy access to world-class attractions like Signal Hill, the Kirstenbosch National Botanical Garden, the V&A Waterfront and the Cape Town International Convention Centre.

The development joins other notable urban apartment offerings driven by Evo Property, including the Rockefeller (billed as “Cape Town’s grandest building” for its 395 luxury apartments spread over 18 storeys) on the Foreshore; the 64-residential unit The Barracks luxury apartments in Bree Street; The Ivory, Fresnaye’s recent ticket price-friendly development; Fresnaye-located, The Avant, a luxurious apartment development; and Copper Lane off Long Street, an architectural marvel that has set many a tongue wagging.

Evo Property has stood out in the Cape Town housing market for the way it has managed to corner the Millennial market, through a unique marketing strategy, that’s allowed them to effectively educate buyers on not only how easy it is to buy property, but also how lucrative such an investment can be.

“The Spectrum is a residential development with an ‘accessible’ undertone without compromising on lifestyle quality,” explains Evo Property’s Emanuel Germanis, who founded the company, joined later by his brother Stephan Germanis and friend Matthew McWilliams.

“Units are north-facing with Table Mountain as the backdrop and Table Bay ahead. The central position of the site just off Nelson Mandela Boulevard, which stands proudly on the southern side of Salt River Park, offers ease of access into the Cape Town CBD, the Southern Suburbs, N2 outbound towards Cape Town International Airport, and is minutes from the N1 North and South.”

McWilliams says Evo worked with the developer to ‘curate’ the development product, enabling the developer to price them competitively and still deliver on lifestyle, “easy access, amenities and safety being the primary drivers”.

“Once they were met, we focused on individuality, creating a space where owners can make it their own.”

Considered by Evo Property as “an unparalleled turnkey investment opportunity”, Germanis says the development aims to create a space that welcomes all people, “in all phases of their journey, whether you are buying a property for the first time or adding this investment to a high-performing property portfolio”.

In alignment with this vision, micro, studio, one-bedroom and two-bedroom units start from as little as R595,000. Furniture packs are available through apartment interior-design specialist, Maison Marble, with Evo Property offering a turnkey rental management service that includes long- and short-term letting, even offering a possible return of 10% per annum.

“What we love about The Spectrum is that it really is for everyone. For students the University of Cape Town is close by. So is Groote Schuur Hospital, which is a great asset for students and those reliant on government hospitals in the area,” Stephan Germanis says.

“The bustling suburb of Observatory, with its famous party strip, is also not far away. You also have the River Club, a landmark on its own but soon will also be home to Amazon’s headquarters. The Salt River development district is also home to the Devil’s Peak Brewery and various other businesses. Then you have The Old Biscuit Mill and the 2U offices, both of which are within walking distance. It really could not be more suited to those aiming for the complete urban living experience.”

About Evolution Property Group (“Evo Property”)

Evo Property is a Cape Town-based independently owned and organically grown real estate sales, letting, and property development agency, which handles these functions for a diverse group of clients both in the residential and commercial property arenas. Owner-managed and run by brothers Emanuel and Stephan Germanis, as well as Matthew McWilliams, the company has grown through a network of partnerships and personal referrals, advising and handling projects right around Cape Town’s Southern Peninsula. Its chief aim is to maximise rental yields and/or short-term capital gains for their clients at minimum risk, enabled through its ongoing implementation of market-leading technology and a skilled, experienced, and proficient team.

Source: Transform Marketing