Although Corevest has focussed on commercial property it has undertaken 2 substantial residential developments.
The Gallery
Situated in Plettenberg Bay this upmarket 13 unit Townhouse complex was completed in 2009 at a cost of R 30 million. The entire development was acquired on completion by an investment fund, but is still managed and marketed by Corevest. See The GalleryThe Quadrant
Adjacent to the Group's flagship Library Square, The Quadrant is a mixed use, lifestyle focussed residential apartment complex. It comprises +/- 1500 m2 of retail space housing a Restaurant, Coffee shop, Hairdresser, Thai massage Spa, Specialist medical professionals and Laundry as well as a substantial Wellness Centre which includes a large independently managed gymnasium, 4 lane 25m heated pool and a sport rehabilitation clinic housing Physiotherapists, Bio-Kinetists, Dieticians, Occupational Therapists and massage therapists. This lifestyle component supports 150 apartments ranging from 44 m2 studios to 125m2 – 3 bedroom penthouses. State of the art concierge style security and ample basement parking has resulted in a high quality desirable living environment The Quadrant. Developed at a cost of over R 300 Million the first two phases were completed in 2009 and 2012 respectively. The final phase of the Quadrant – an upmarket, retirement complex – will commence in late 2016.