Coastal development roll out | Everything Property
April 2023

Coastal development roll out

Noble Resorts

Noble Resorts, an independent property development company that offers homes for people close to or already in retirement, has begun construction on its second building, the Admiral, in Simon’s Town on the Cape Peninsula, after selling out all apartments in its first build, the Mariner. The Admiral is part of the Harbour Bay later living development and will feature a restaurant, library lounge, concierge, and the NobleCARE medical precinct. The project is set to be completed in December, according to exclusive marketers Pam Golding Properties.

 

Noble Resorts aims to create premium retirement resorts in South Africa that offer social connectivity, homeliness, and a sense of community for those over 50. The Mariner comprises 70m² ground floor designer studios and one-bedroom apartments. According to Samantha Nel and Shelly Keys, Pam Golding Properties Western Cape area managers, many residents have already taken occupancy of the luxury units and a temporary 24-hour clinic and a concierge are in place.

The estimated completion date for Phase 2A, The Sails, is expected at the end of 2024.

“The Sails comprise spacious townhouses with two bedrooms and two or 2.5 bathrooms, with designer kitchens equipped with Bosch appliances. The open-plan living spaces will have high-end finishes and entertainment patios or balconies with built-in gas braais. Prices range from R3.995m to R4.45m.”

The Decks is due for completion in the second quarter of 2024 and will consist of three-bedroom townhouses, penthouses and luxury villas. Prices range from R4.85m for the townhouses to R13.5m for the villas.

While the Harbour Bay later living resort is designed for people aged 50 and over, many younger buyers are keen to invest in the development as there is strong demand for rentals in retirement villages around the country.

Noble Resorts Harbour Bay is the latest in a suite of similar developments by the company with a vision to create multi-generational and care real estate. The architectural designs reflect and complement each distinct setting, with facilities and amenities that underpin community living.

Other later living projects by Noble Resorts include Allesverloren Village on the Allesverloren Wine Estate in the Riebeek Valley and Noble Boutique De Hamert on the banks of the Maas River and Noble Boutique Savarin close to Delft and De Haag in the Netherlands.

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