The ultimate in LOCATION, LUXURY & LIFESTYLE
Owning a Presidential Penthouse is hassle free property ownership at its best. The Colosseum occupies a prime address in the multi billion rand Century City secure estate. Permanently live in residence and experience an unrivalled lifestyle or, if you choose, the hotel can rent your Presidential Penthouse to top paying corporate and leisure guests for you to enjoy attractive rental income. Ingeniously designed, fitted and furnished by South Africa’s top hotel designers to international standards, the Presidential Penthouse boasts uninterrupted views of Table Mountain, Lions Head, Signal Hill and the city skyline beyond. Complemented with fine dining, impeccable service and lavish interiors with elegant furnishings the Colosseum Presidential Penthouse is fit for an emperor. An investment destined to escalate in value. Priced from R10 million.
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3 superior bedrooms and 3 elegant en-suite bathrooms |
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Luxuriously fitted and fully furnished interiors |
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Breathtaking views of Table Mountain set against the backdrop of the city skyline |
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Housekeeping, 24 hour room service and concierge facilities |
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Located 10 minutes from the Waterfront & Cape Town city centre |
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Access controlled entry & exit. CCTV cameras and 24 hour security throughout |
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Fully managed and maintained – hassle free property ownership at its best |
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Guaranteed rental - 6% per annum, minimum return for 2 years |
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No levies, rates or taxes payable for the first 2 years |
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No transfer duty payable |
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Ownership gives you access to an elite collection of luxury resorts worldwide |
The Colosseum Presidential Penthouses are situated in Century City, home to Canal Walk, Africa’s largest shopping centre.
Century City is a city-within-a-city, an integrated, secure estate consisting of neighborhoods, entertainment, retail and office space. Century City has had a growth of unprecedented development which has already surpassed R5 billion and will exceed R10 billion in the near future.
When purchasing a Presidential Penthouse your investment is guaranteed to grow in value.
Your Presidential Penthouse is also only 10kms from the city centre and a short drive to the V&A Waterfront, gorgeous beaches, the famous Cape Winelands as well as countless other attractions.
Liberty Life ∙ PricewaterhouseCoopers ∙ Discovery Health ∙ Vodacom ∙ Nashua ∙ Hewlett-Packard Direct ∙ Business Connexxion ∙ SAP SA ∙ Daimler Chrysler ∙ Mercedes Benz Lifestyle Centre (one of only two in South Africa) ∙ Auto & General ∙ The Louis Group ∙ Unisys ∙ Computer Sciences Corporation ∙ Cecil Kilpin
and coming soon… BMW and a brand new Virgin Active flagship gym
All property owners at Century City automatically become members of The Century City Property Owners' Association (CCPOA). This Section 21 Company is responsible for a wide range of functions and services including:
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The maintenance and landscaping of all public areas and the running of an on-site nursery
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General site security, site access control as well as monitoring and traffic control
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Maintenance of all infrastructure including roads, bridges and guardhouses
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Management of the Century City Transport Interchange which controls all public transport to Century City
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Management of the Internal Shuttle Service which runs from the Century City Transport Interchange through the site on a continuous basis in peak hours and every 20 minutes outside of peak hours. The last shuttle service is at 11pm. The shuttle transports approximately 50 000 passengers per month.
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Storm water management
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Planting, maintenance and environmental conservation of Intaka Island, our award-winning wetlands conservation area
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Supply of treated effluent for irrigation purposes
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Maintenance of street lighting and perimeter fencing
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Formulation of and implementation of the Disaster Management Plan
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Formulation of the Urban Design Framework endorsed through the actions of the Design Review Committee
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Checking that contractors on site comply with the regulations governing them during construction
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Advancement of Century City as a quality development reflecting its aspirational lifestyle and ensuring investors, residents, business workers, shoppers and visitors perceive added value
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The full accounting and corporate governance function as required including levy administration and collection |
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Sophisticated, wireless CCTV surveillance including a wireless communications network consisting of fixed cameras linked to digital video recorders
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24 hour centralised control center manned by a team of trained security officials
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Certain precincts within Century City are boom controlled and manned 24 hours a day |
Providing a green lung in the heart of Century City is Intaka Island, an award winning 16ha wetlands conservation area that is rich in birdlife and indigenous plants. Formerly known as the Blouvlei, Intaka Island comprises 8ha of ecologically sensitive ephemeral (seasonal) plants that are among the last remaining of their kind, and 8ha of reconstructed wetlands that serve to cleanse the water in the 6km of navigable canals that link the different elements of Century City.
The reconstructed portion of Intaka Island has been opened up to the public on a controlled basis and is becoming an important eco-tourism destination. Intaka Island is a 16 hectare wetland area within the development. The wetland naturally cleans the water in the canals and provides a green lung in an otherwise high-density development.
Each Presidential Penthouse comprises three bedrooms and three bathrooms, and has been fitted and furnished by South Africa’s top hotel designers to international standards. With uninterrupted views of Table Mountain, Lions Head, Signal Hill and the city skyline, these world class Presidential Penthouses have been designed to maximise the experience of those privileged to spend the night.
You can permanently live in the property and experience an unrivalled lifestyle as you enjoy the services and amenities of one of Cape Town’s finest hotels. With 24 hour room service and concierge, anything you require will be provided for you expediently and with the finest professional attention to detail.
Or, if you choose, the hotel can rent your Presidential Penthouse to top paying corporate and leisure guests for you to enjoy attractive rental income.
The Presidential Penthouses have been carefully designed to maximise rental income - as the third bedroom operates as a separate “key” and therefore allows the Presidential Penthouse to be split into a luxurious Master Suite and a two bedroom Penthouse. This ingenious design allows maximum flexibility for both the hotel manager and the owner – who can choose to occupy one section and allow the hotel to rent out the other.
As Century City is already home to many blue chip companies with more to follow, naturally these companies are transacting business with the very people who will be staying at the Colosseum Hotel and of course the chairmen, CEO’s, Managing Directors and associates will want to check into the best that the hotel has to offer – your Presidential Penthouse.
Naturally this agreement is linked to availability of the Presidential Penthouse and/or Master Suite. With this in mind, in an unprecedented agreement, the Colosseum Hotel offers a guaranteed minimum return of 6% for the first two years.
As an owner of a presidential penthouse, you are entitled to enjoy 28 days (no restrictions) hotel accommodation. When you check into your penthouse, you step into a world of elegant comfort and the ultimate in convenience and amenities.
The aforementioned intelligent design allows owners to maintain the privacy and luxury of a Presidential Penthouse while affording the opportunity to ‘lock off’ a Master Suite and increase ROI by placing it the rental program when not in use.
The rental program is voluntary and entirely flexible - owners have the option to live in their Presidential Penthouse all year round and not rent, or take up residence while renting out their ‘lock offs’ - the choice is up to each individual owner as to how much of their unit they wish to place in the rental program and when.
This product offers unequalled sophistication and flexibility for owners, well beyond any comparable product currently available in South Africa.
The Colosseum Hotel is a member of the world famous Registry Collection, which gives you access to over 100 of the finest resorts and destinations on the globe through your Exchange Privileges. Owning one of the Presidential Penthouses also gives you the key to over 100 luxurious hotels around the world, including Pezula Private Residence Club, Zimbali Beach Estate and Kruger Park Lodge here in South Africa. This amazing feature secures future holidays for you and your family – forever.
The Registry Collection offers unique holiday experiences at exclusive luxury resorts in picturesque destinations. Envision your ideal holiday, and chances are that it’s available through The Registry Collection. Relax on a secluded tropical beach or indulge your sense of adventure in a majestic mountainside villa. Immerse yourself in the culture of an historic city or escape to the natural wonders of the countryside, from Mexico to New Zealand, from the Caribbean to Canada. Let your expectations soar and enjoy ultimate vacation experiences with unparalleled comfort and luxury.
As an owner, you are entitled to 28 days usage per annum. Some or all of these days can be exchanged at Registry Collection resorts - international holidays abroad, for the rest of your lifetime and beyond, are now a reality. Or you can choose to place some of your days into the rental program to receive a share of the proceeds.
Occasionally there are good investment opportunities that possess all the right ingredients. These minimize risk while maximizing potential returns and allow for additional benefits to investors. The Colosseum Presidential Penthouses portfolio is one such opportunity.
Investing or purchasing a Presidential Penthouse in the most prestigious hotel in Century City is bound to be a solid investment – anticipated to escalate dramatically in value because of the unprecedented development within this, the fastest growing commercial, residential and retail estate in South Africa. Century City, a prestigious 250 hectare, secure estate is home to Canal Walk – Africa’s largest shopping centre - more than 3000 residences and numerous office developments. A fully comprehensive Property Owner’s Association professionally manages and maintains all aspects of estate living such as landscaping, street lighting and signage, construction regulations, traffic and parking management etc with a special emphasis on safety and security with CCTV cameras throughout, limited, access controlled points of entry and exit together with a state of the art, 24 hour control room. At the heart of Century City lies a unique aspect of the estate; Intaka Island. This green lung comprises 16 hectares of wetlands conservation area and a fully integrated canal system and is also environmentally managed a special committee on the Property Owner’s Association.
The companies that have chosen this estate as their home reads like a who’s who of South African and International business; Liberty Life, Discovery Health, PricewaterhouseCoopers, Vodacom, Daimler Chrysler and Mercedes Benz Lifestyle Centre (one of only two in South Africa), SAP SA, Auto & General, Unisys and the recently completed state-of-the-art BMW building and a brand new Virgin Active Wellness Centre. With many more premium brands to follow; expansion in the precinct will see it become the second largest office node in the Western Cape, second only to the Central City Business District with the number of people living and working in Century City expected to double by 2011.
With developments to the value of R17billion already completed, and with another R2billion in the immediate pipeline, this burgeoning community is the ideal platform for property investment in Cape Town. Investment in luxury hospitality real estate, in one of the fastest growing nodes in South Africa, is one of the most exciting investment opportunities available today and ensures that your Colosseum Presidential Penthouse is destined to escalate in value.
With only six Penthouses available in the Presidential Potfolio this rare opportunity is not likely to come back onto the market for many years to come. We invite you to come and see this exceptional investment opportunity for yourself. We are confident that a stay in the Presidential Penthouse will prove too tempting to resist. Your purchase of a Colosseum Presidential Penthouse not only gives you the key to 100 luxury resorts around the world, it gives you the prestige of one of Cape Town’s finest addresses and access to a lifestyle of unashamed luxury.
The Singer Group, developers of the Colosseum Hotel and Presidential Penthouses in Century City, Cape Town, has recognised the increasing demand for new luxury properties in a hospitality environment and created an exceptional opportunity for a select few investors to take advantage of the momentum of this growing industry. Owning a Presidential Penthouse is hassle free property ownership at its best. The hotel takes care of all management and administrative tasks – which allows owners to relax and enjoy the luxury and superior service.
“This investment addresses the increasing demand for new luxury properties in a hospitality environment. Now is an exciting time in the hotel and resort development industry, with ultra luxury All-Suite Hotels becoming a fast growing trend. Today, there are very few ultra luxury hotel developments without a mixed use or residential hotel component. We are proud to say that the Colosseum Hotel and Presidential Penthouses is at the cutting edge of the South African hotel and resort property development industry” says Brian Singer of The Singer Group. |