Property

Heartwood Properties launches hybrid office development Sunvlei

Heartwood Properties Paardevlei

Meeting the demand for a new type of work space, Heartwood Properties has launched a first of its kind hybrid office development called Sunvlei, based in Somerset West.

It’s no secret that Somerset West has fast become one of the Western Cape’s leading semigration destinations. The little town has a lot going for it which makes it incredibly desirable for people who are looking to move away from the city in search for a better quality of life. The pandemic, lockdown and remote working has only amplified the semigration trend, but now as many companies contemplate bringing employees back to the office, the big debate is about how.

4 AX listed Heartwood Properties, specialise in commercial office and industrial warehousing developments across South Africa. In responding to the crisis, they conducted market research among their tenants. The research showed that many of them were not planning to make a full return to the office, even when Covid-19 became a thing of the past. But because of the human interaction the office provided they wanted to have a solution that would meet both demands.  Heartwood Properties are therefore launching a new hybrid office development, a first of its kind to be built in South Africa, called Sunvlei.

Find out more on Sunvlei

Heartwood Properties’ Sunvlei office block will be situated in the Paardevlei precinct of Somerset West, just outside Cape Town, close to the Strand Beach and the Paardevlei Nature Reserve. This area has already seen several exclusive residential estates and top schools being built over the last few years. The area also offers plenty of outdoor living space, proximity to world class wine estates and is just a 30-minute drive into the city of Cape Town.

Andrew Utterson. Heartwood Properties

Andrew Utterson, Director at Heartwood Properties

“Professionals realise they can have a work life balance. With the airport, sea, and mountains virtually on their doorstep, Somerset West is without a doubt a very attractive location to set up the office of the future. One that is high-tech, safe, spacious, as comfortable as any home office, just better,” says Andrew Utterson, Director at Heartwood Properties.

Sunvlei is a 2 000 square meter, R57 million office development offering tenants access to innovative future-focused features such as electric vehicle charging bays, 100 solar panels, Tesla UPS battery system, ultra-high-speed Wi-Fi, a backup power generator, and backup water tanks. The modern architecture, designed by locally based architect Bruce Wilson who is also responsible for the Sanctuary and Waterstone shopping malls in Somerset West, and exclusive designer interiors, headed up by Source IBA, will be modelled against some of the world’s best-looking airport lounges whose clean, contemporary designs rival some of the chicest of hotel lobbies. Source IBA have extensive experience designing interiors for retail, office, hospitality, and leisure developments not only in South Africa but across the African continent.

“Our studio is excited to be a part of developing this hybrid environment. Our design goal is to extend the hybrid thinking to all aspects to deliver a brand-new experience. We are blurring the lines with many aspects in terms of inside versus outside; serviced versus self-help; private versus public; workspace versus hospitality and analog versus digital. These are all to be completed to the highest level,” says Mardre Meyer, creative director of Source IBA.

Download the Sunvlei brochure

The hybrid design will meet the demands of tenants, who are not looking to always have their entire staff compliment all under one roof. Sunvlei will consist of eight business suites, sized between 163 m2 to 233 m2, available to buy or rent with the ability to combine units and ranging in price from R17 862 per m2 to R19 213 per m2.

Heartwood Properties Paardevlei

It will also house a 190m2 designer business lounge, with luxury finishes including meeting rooms, a coffee bar and zoom pods. This is available to the tenants’ remote workers to come to when they need to pay the occasional visit to the office.

“It’s a little different from the co-working office model offered by the likes of WeWork and Regus in the sense that only employees of Heartwood tenants will have access to the co-working spaces. All tenants and their employees will be able to access the shared business lounge. In other words, clients get the best of both worlds with a combination of their own private space where they can create their own identity and manage their own facilities, but then also have the benefit of the use of a business lounge and meeting rooms,” explained Utterson.

All of Heartwood’s properties are developed in response to tenants’ requests via their tenant shareholder model. And so, despite having faced major challenges in 2020, Heartwood has managed to grow its property portfolio since first listing on the stock exchange in March 2018 from R121 million to R248 million in the past three years to February 2021. They plan to grow their portfolio to R1 billion in the next five years.

As zoom towns continue to grow in popularity, Heartwood plans to roll out their hybrid model in other popular de-centralized nodes, with Sunvlei set for completion near the end of 2022.

Other features include prime signage, ideal positioning opposite a Private Hospital and the Strand’s 18-hole golf course, easy access to the N2, twenty five minutes to the airport, thirty six basement parking bays, six motorcycle parking bays, sixty nine secure parking bays, and that it is wheelchair friendly.

Sunvlei Overview

  • 8 Business Suites
  • R1000/m² tenant installation
  • 36 basement parking bays
  • 140-2000m²
  • 100 solar panels
  • 6 motorcycle parking bays
  • 69 secure parking bays
  • 190m² designer business lounge
  • 18 hole golf course
  • Electric vehicle charging bays
  • Tesla UPS battery system
  • Ultra high speed WiFi
  • Back up power generator
  • Back up water tanks
  • Wheelchair friendly building
  • UBER coffee bar

GET IN TOUCH

Contact the Heartwood Properties team

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