Estate Living Magazine Investment - Issue 34 October 2018 - Page 16

Much fanfare surrounds the burgeoning metropolis of Midrand , but to the east of Johannesburg , the next exciting urban hub is taking shape – in the adjoining suburbs of Linbro Park and Modderfontein .
Property and Investment / Property Trends

Joburg ’ s eastern metropolis takes shape

Red Ivory Lane

Much fanfare surrounds the burgeoning metropolis of Midrand , but to the east of Johannesburg , the next exciting urban hub is taking shape – in the adjoining suburbs of Linbro Park and Modderfontein .

Linbro Park is best known as Sandton ’ s commercial and industrial node , and Modderfontein , adjoining it to the east , began as a mining town adjacent to the Modder River , and largely owned by AECI chemicals group . a new offering in the Westlake area of Modderfontein , called Red Ivory Lane , consisting of one- , two- and three-bedroom units . Units in both developments start at around R700,000 , with integrated appliances included .
In 2013 , AECI sold 1,600 hectares as well as its property subsidiary , Heartland Properties , to the Chinese consortium Zendai , which then divested and sold their landholding to M & T Development .
Modderfontein
Since then , M & T has launched the successful Fish Eagle View in Longlake near the 275-hectare savanna-like grasslands of Modderfontein Reserve , consisting of sectional title apartments with one , two or three bedrooms . Additionally it has launched
Fish Eagle View has a swimming pool , indoor gym , fibre to the home ( FTTH ) connectivity , a day care centre , kids ’ play areas and direct access to Modderfontein Reserve . It is also close to the rustic Val Bonne Country Estate and Restaurant , which is popular as a wedding and conference venue .
Red Ivory Lane , meanwhile , offers a clubhouse with swimming pool and braai facilities , as well as FTTH , and it is close to Greenstone shopping centre . It is also pet-friendly .
14 | www . estate-living . co . za
Joburg’s eastern metropolis takes shape Red Ivory Lane Much fanfare surrounds the burgeoning metropolis of Midrand, but to the east of Johannesburg, the next exciting urban hub is taking shape – in the adjoining suburbs of Linbro Park and Modderfontein. Linbro Park is best known as Sandton’s commercial and industrial node, and Modderfontein, adjoining it to the east, began as a mining town adjacent to the Modder River, and largely owned by AECI chemicals group. a new offering in the Westlake area of Modderfontein, called Red Ivory Lane, consisting of one-, two- and three-bedroom units. Units in both developments start at around R700,000, with integrated appliances included. In 2013, AECI sold 1,600 hectares as well as its property subsidiary, Heartland Properties, to the Chinese consortium Zendai, which then divested and sold their landholding to M&T Development. Fish Eagle View has a swimming pool, indoor gym, fibre to the home (FTTH) connectivity, a day care centre, kids’ play areas and direct access to Modderfontein Reserve. It is also close to the rustic Val Bonne Country Estate and Restaurant, which is popular as a wedding and conference venue. Modderfontein Since then, M&T has launched the successful Fish Eagle View in Longlake near the 275-hectare savanna-like grasslands of Modderfontein Reserve, consisting of sectional title apartments with one, two or three bedrooms. Additionally it has launched 14 | www.estate-living.co.za Red Ivory Lane, meanwhile, offers a clubhouse with swimming pool and braai facilities, as well as FTTH, and it is close to Greenst ͡ɔ%Ё́ͼеɥ