Would you pay R20mn to be in the tallest building in Rosebank?

By Dhivana Rajgopaul Time of article published Aug 19, 2018

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DURBAN - The Park Central development in Rosebank, Johannesburg will have apartments that cost between R2 million and R19.6 million. 

The development which was launched in 2016 had 159 units that comprise of studio, one-, two- and three-bedroom apartments and four bedroom penthouse suites.

The two penthouse apartments have features that include double volume spaces, open plan living spaces as well as ample outdoor entertainment areas. 

Other features of this apartment development include 24-hour security, basement parking, fibre-to-home, storage units and gourmet kitchen facilities. The development also has a roof-top pool and a clubhouse that has a 360-degree of the city. 

Park Central Photo: Supplied

Park Central is scheduled to be completed by May 2019 and could become the tallest building in Rosebank.

Peet Strauss, the development manager for Pam Golding said "Park Central is totally unique and not just another block of apartments. “Its design and architecture sets it apart from others with features such as trees and sky gardens on selected levels as well as a roof-top swimming pool and sun deck".

The development is in close proximity to public amenities like Rosebank Gautrain Station and the Netcare Rosebank Hospital as well as the Rosebank Mall. 

Strauss said that the demand for property in the area is primarily driven by its live, work and play concept and its convenient location that is close to major highways. 

"Billions of rands worth of investment has gone into reviving the infrastructure around Rosebank. This augurs well for the demand for Park Central - the first of its kind in luxury development, as well as for this type of apartment living, which we believe will only increase in the suburb" said Strauss. 

The developers of Park Central is Redefine Properties and the development costs around R500 million. 

The exterior of Park Central Photo: Supplied
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