Old house in Vredehoek transformed into modern apartments

The project has been spearheaded by John Rabie via his new private label brand, Signatura. Rabie believes the time is right to drive a property revival by reinventing older buildings in sought-after areas, especially in the City Bowl and Atlantic Seaboard areas.

"Horizons is a good example of well-positioned and value-priced, master-crafted accommodation within Cape Town's city limits. We have a pipeline of similar development opportunities ready to be transformed and brought to market," Rabie says.

Urban renewal grows worldwide

"The whole concept of Signatura is to identify suitable older properties and renew them for 21st century living. Modern-day buyers want the convenience of living centrally but don't have the time or the vision to renovate for themselves. They want superior finishes, nice places to live in the right areas and want value for their money."

Horizon's two-bedroom apartments range in size from 65m² to 120m², each with terraces of 11m² to 25m², while the 135m² penthouse has three bedrooms and two bathrooms and three large terraces of over 80m² with mountain and city panoramas.

"Urban renewal and consolidation is a growing trend in all the world's major cities, such as Sydney, London and New York City, where land is at a premium. Vredehoek has long played second fiddle to the more glamorous areas of Tamboerskloof and the Atlantic Seaboard. It's an area which is perfect for reinvention because it's full of well-built gems on sizable stands that are waiting to be transformed. It is also near excellent schools, good shopping and restaurants, the new MyCiti transport link, and boasts some of the best views in the city," says Rabie.