Pictured here are members of the professional team for Ibis House, Horizon Capital’s latest development. From left to right is Colin Ridley (Big Ben Construction: Contractor), Jo Lubbe (Mechanical Engineer), Eddie Cupido (Big Ben), John Witter (Horizon Capital), Louis Coetzee (Big Ben), Brina Snyders (Horizon Capital), Tim Hughes (Architect), Fabio Venturi (Terramanzi: Environmental and Green Star Consultant), Liz Masson (Horizon Capital) and Joshua Williams (Tim Hughes Architect).
Ibis House is a new, AAA-grade sectional title office building consisting of 8 units and 1400 m² in total. The development is in a sought-after location in The Estuaries in Century City, with extensive public transport links, excellent security, and a wide range of nearby amenities, including Canal Walk Shopping Centre, Curro Private School, Virgin Active Gym, Intaka Island nature reserve, hotels, conference facilities, coffee shops and a day-care centre.
With completion expected in mid-2014 and vacancies in Century City at an all-time low of around 3%, these offices will become available to let at a time when there is very little competing space in the market. The Estuaries precinct is well established, and there are a number of top-calibre businesses situated in the surrounding area, making this an attractive location for tenants and investors. Ibis House is ideally positioned opposite the Crave coffee shop, which is set in beautifully landscaped gardens with water features and seating, offering a tranquil space to relax outdoors.
The office sizes range from 125m² upwards, with flexible leasing options. The finishes will be top-quality, including air-conditioning and a kitchenette in each unit. Semi-basement and ground-level parking bays will be provided, together with generous terraces and balconies. The building will also be fibre-ready for Century City Connect, offering occupants access to the country’s fastest broadband data, voice and multi-media services.
A number of green building initiatives have been included in the design, with a focus on energy and water efficiency in order to reduce operating costs and improve the working environment for occupants. Bicycle storage and shower facilities will be available to enable cycling to and from work. The building is North-facing, allowing for excellent natural light and lovely views. A 4 Star Green Star Design Rating is targeted. This would make Ibis House unique in that it will offer certified green office space for small and medium tenants.
Horizon Capital is a commercial property investment, asset management and development boutique, based in Cape Town. For further information, phone John Witter on 021 425 8586 or 082 906 2866.