FOUR ON O

In our ongoing exploration of new forms of compact urban living, Blok Raw emerges not only as an evolution of our design principles, but as a response to an increasingly dense city.

Blok Raw ushers in a fresh design aesthetic whilst carrying Blok’s strong principles of thoughtful design, third and shared spaces, a passion for neighborhoods and urbanism. The considered use and expression of materials is a hallmark of our approach. Blok Raw developments emerge as a harmonious response to the cultural and historical fabric of each locale. Celebrating urban apartment living as a collective experience, we design with human connection in mind.

This six storey building will consist of:

• 33 apartments with a mix of studios, one, two and three-bedroom apartments
• Studios 37m²
• One beds 46m²
• Two beds 65m²
• Two bed duplexes 115m²
• Three beds 120m²

F0UR 0N 0, Blok’s 12th development, is situated on the localised streets of Oliver and Lincoln that connect the urban life so intrisically a part of Sea Point to the natural wonder of the ocean. This connection, between human and nature, is something powerful that defines and softens our entire urban way of living and makes Cape Town so unique.

Key development features:

• Centrally located
• Close to multiple MyCiti bus routes
• Communal roof deck with plunge pool & braai areas
• High-speed fibre connectivity
• Energy-efficient & water-wise fittings
• Generator for common property
• Security (CCTV)
• Pet friendly
• Bicycle parking
• Secure parking available to purchase

Development Concept

City living around the world is evolving in response to a number of influences, in particular the need to design comfortable living conditions and make efficient use of the space available. Cape Town is experiencing this movement towards efficient space use, just as other global cities move toward compact living. F0UR 0N 0 responds with an innovative architectural design to maximise the use of spaces. The design of each apartment responds to a change in lifestyle amongst fastpaced residents, who seek an uncluttered aesthetic with the ability to alleviate time pressure. With compact living, more shared spaces are becoming the norm. The result is a private seclusion of space for residents.

Image: Blok Raw Forty on L, Bo Kaap Cape Town

Located in sought-after Sea Point, the development is cornered by Lincoln and Oliver Roads. Centrally located, Beach Road is 200m away with a number of well-appointed restaurants and shops within easy walking distance. The spatial development of the 33 apartments deliver on maximum interior space.

The interiors are characterised by a raw honesty of material expression. Exposed concrete soffits combined with muted colours and the use of patterned surfaces, results in living spaces that are calming and with a sensation of space. The apartments are also designed to make an apt double use of specific items, like a slider that closes off the cupboards but also acts as a space separator if required. The pressure remains on the design and project teams to make effective double use of space for brilliant homes in compact spaces.

Investment Opportunity

Cape Town is a rapidly growing investment location and the Atlantic Seaboard is one of the most desirable lifestyle destinations in the world. This targeted-location investment approach leverages in-demand locations that typically retain their value throughout the property cycle and in times of uncertainty. For local homeowners, travellers, and tourists abroad, these areas are viewed as highly attractive, which in turn, translates into higher occupancy and average daily rates per room as well as buoyancy in a tough market.

Between 2018 and 2019, there has been a 2% increase in occupancy rates, indicating that the market is recovering after the water crisis. Furthermore, the Western Cape held 19,3% of the bed nights recorded in South Africa, and currently, the buy-to-let sector of the property market only accounts for 10,6% of total sales.

FOUR ON 0 is perfectly located in the heart of Sea Point as an investment opportunity for short stay home rentals. From 1 June 2017 through 31 May 2018, host and guest activity on Airbnb generated an estimated R8,7 billion in South Africa. In 2018, Airbnb reported a 65% year-on-year growth in South Africa.

Based on lump sum pricing, apartments under the R3 million mark represent the most liquid real estate in South Africa. With this in mind, F0ur On O has been designed to ensure that value meets investor demand. Future developments promise growth, and Cape Town is currently bursting with opportunity. The announcement of a R7,5 billion capital investment in the expansion of Cape Town International Airport over the next five years is a clear indicator of an influx of investment in Cape Town. Additionally, United Airlines has recently launched the airline’s direct flights between New York and Cape Town and this has already led to an 11% increase in forward bookings by US tourists to the Mother City for the upcoming summer season. The scrapping of the unabridged birth certificate for travelling minors, as well as the recovery from the drought, has further resulted in increased forward bookings to Cape Town, not only from the US, but also up 30% from the UK and up 20% from Germany.

There has been no better time to invest in Cape Town. Whether as local homeowners or to rent out to travellers and tourists, the possibilities are endless. F0UR 0N 0 gives investors the ideal opportunity to share in the growth that the city offers.

The Neighbourhood

With its feel of sea side town and its beautiful surrounds, Sea Point holds a completely unique charm between an urban setting and the natural majesty of the hills and mountains surrounding it. It’s a complex mix of urban growth and natural splendours. The ocean and the steep inclines of Lion’s Head meet in the middle to sandwich a densely populated strip of real estate that could rub shoulders with some of the finest cities in the world.

On a clear day, its views over the sea go on forever, with the far side of the ocean shimmering white like stars across the galaxy. Standing on the promenade with your back to the busyness of Beach Road, you can feel the energy of the buildings around you, holding you with something akin to a gravitational pull.

Keeping you grounded as you look out across the seemingly endless brushstrokes of blue both above and below the horizon line. This is a unique place. Holding a unique collection of people and cultures. And it’s locked in an entirely unique hold between urban energy and a natural flair that truly is second to none.

The setting sun. A buzz of people rushing home just to head out again. Friends and families strewn along the promenade squeezing the last few minutes of sunlight into their week. Getting one more run in, one more cycle. The smell of fresh sea air and anticipation of a night yet unfulfilled. Ice Cream. Oysters. Drinks with a view. A dog walker’s paradise. A quiet spot in the park. Time to take advantage of the sea air, the warmth of the sun and the people. It’s yours to enjoy how you see fit.

Property investment opportunities available at Four on O ( incl. VAT)

• Studios from R1,925 million
• One beds from R2,450 million
• Two beds from R3,5 million