An update on the latest upcoming and newly built developments in South Africa
Newly built developments covering KwaZulu-Natal, Johannesburg, Cape Town, Pretoria, Port Elizabeth and more. These new developments provide an opportunity to look into potential investments on local shores.
Located in the rural town of Mankweng, Limpopo, R130-million construction work has begun towards the third phase of expansion of the centre. The additional space of 32,000m² will cater to several new stores, service offerings and public spaces. Owned by Pretoria based Twin City Development, the expansion of Paledi Mall will positively contribute to the area.
Signature Sibaya Development
A new luxury estate development, Signature Sibaya, will be located near Umdloti. Under the management of Tongaat Hulett Developments and marketed by Pam Golding Properties, the precinct is located on the KwaZulu-Natal north coast. It will be comprised of a mix of residential, recreational, resort, commercial and retail. Surrounded by a natural and thriving forest, the Signature Sibaya development will be home to an exclusive estate with 45 homes. Each site ranges from 1000 -2000 square meters offering panoramic views of the ocean and direct access to the beach. Prices range from R4.2-million to R10.5-million per property.
For more information contact: Pam Golding Properties
Umhlanga Ridge Town Centre
Located in KwaZulu-Natal, the new Umhlanga Ridge Town Central is home to one, two and three-bedroom apartments starting at R1.15-million. The apartments are designed with a modern feel, equipped with a private courtyard, open living plan and premier finishes and fixtures. The building is equipped with a gym and pool area for residents to utilise. Fifty percent of the apartments in the new building sold within the first two months of opening. The building is centrally located with access to all main routes.
A newly completed apartment building, Park Central in Rosebank boasts 160 units over 20 floors and provides a luxurious lock-up-and-go rental apartment. Marketed by Pam Golding Properties in Johannesburg, the apartments cater to the hustle and bustle of the city. Rental prices vary, starting at R10 000 per month for one-bedroom and over R80 000 for a three-bedroom penthouse with a sky garden. Purchase price for the apartments start from R1.99-million to R12.3-million. Keeping with its lavish offering – a concierge service, gym, gourmet kitchen, meetings rooms, air conditioning and luxury finishes are provided throughout. Some units are offered furnished while there are unfurnished units but each is equipped with integrated Smeg appliances as a standard.
For more information contact: Park Central Pam Golding Properties on Klariska.firstname.lastname@example.org
Asana, a new residential lifestyle development has most recently been established in the heart of Broadacres. The new estate consists of 33-freestanding sectional title units. Aiming to bring nature to homeowners’ doorsteps, a central feature of the estate is a Bird Sanctuary and walking trails which are surrounded by a surplus of natural fauna and flora. The estate offers a clubhouse, swimming pool and has state-of-the-art security to ensure the safety of all its homeowners. Three-bedroom townhouses with private gardens are available for R2 195 000.
An upcoming development, The Rubik will be built on the corner of Loop street and Riebeek Street in central Cape Town CBD. Marketed by Dogon Group Properties in association with Abland Developers, the development will offer residential apartments along with office space. Offering one, two and three-bedroom along with penthouses equipped with a private balcony. Interior design of the apartments feature finishes of wood, stone and glass to create a contemporary design and style. One-bedroom apartments range from R2.6-million with two bedrooms costing R5.25-million. Construction and development of the Rubik is expected to be completed in 2021.
Mzuri estate located in Somerset West offers home owners uninterrupted views of False Bay. The estate is all-inclusive with focus on eco-friendly design, innovative technologies, indigenous landscaping, start-of-the-art connectivity and security. Potential buyers are able to purchase a freestanding home with pre-approved architectural designs to expand their properties at a later stage. There are range of options available for potential home owners from single residential homes to townhouses and apartments. Prices for apartments start at R1 195 000, townhouses start at R1 895 000 and R2 395 000 for freestanding homes. A three-bedroom signature show house unit will be completed in September 2019, providing potential buyers to take a look at property options on the estate.