Estate Living Magazine New Beginnings - Issue 37 January 2019 | Page 26

P R O P E R T Y
&
I N V E S T M E N T
The Saxony Sandton online sales portal will afford interested buyers
an opportunity to purchase a unit from anywhere in the world on a
dedicated online platform. ‘It gives everyone an equal opportunity
to purchase one of the prime opportunities available,’ says Rajan
Naidoo, CEO of Saxony Developments.
‘We are providing a unique digital experience. With our sales gallery
located in Nelson Mandela Square, you’ll be taken on a virtual reality
experience of The Saxony, enabling you to see the units from every
angle and depth. The sales gallery is fitted out as a replica of an
apartment in the development, showcasing the actual floor, wall
SALES ARE BULLISH
Sandton saw over 500 sectional title transfers registered between
July 2017 and June 2018. The demand for property here is due
to the high-density, high-LSM working population, and the global
move towards living closer to the leading business districts.
Sales for The Saxony started online on November 17, drawing huge
interest from buyers seeking a sophisticated city apartment lifestyle
commensurate with the best in New York or London.
‘We are very bullish about this development. It has attracted a
strong African market, from Zimbabwe, Kenya and Nigeria, but also
from Sandton itself. The buyers are split equally between investors
and people looking for a primary residence. Rental yields are
exceptionally strong in Sandton – between 35% and 40% for a two-
bedroom unit,’ says Stefan Botha, director of Rainmaker Marketing,
which pioneered the online residential sales launch, making the
purchasing process convenient, seamless and easy.
and ceiling treatments, the kitchens and vanities, allowing buyers a
touch, feel and see experience,’ says Naidoo.
Construction on the development starts in April 2019 and is
expected to end 25 months thereafter. 
THE SAXONY SERIES
Saxony Developments is spreading its footprint nationwide with
its bespoke luxury homes. It is the largest private developer within
KZN’s Zimbali Coastal Resort and Sibaya Coastal Precinct.
Other developments include The Saxony in Dunkirk Estate in
Salt Rock. It is now rolling out The Lofts on Florida, a mixed-use
development with 20 loft-style apartments on Durban’s iconic
Florida Road, and a large mixed-use residential and commercial
development bordering and surrounding King Shaka International
Airport.
thesaxonysandton.co.za