Real Estate Investor August 2022 | Page 140

SUPER ESTATES

As a developer , you are creating a new community or township , whose main function it is to provide a safe and secure haven . Although it ’ s an excellent investment prospect for those looking to expand their portfolio , those buying into a super estate live there on a day-to-day basis , and to make it feasible you need key infrastructure to support the residents . Access to an airport and main arterial routes , schools , medical facilities , and retail opportunities are vital .

These factors are important to all developments , but more so to the super estate , as the intention is to create an environment where residents don ’ t feel the need or desire to leave their cocoon . As such , to claim the title of a super estate , the development must tick a multitude of boxes .
Typically , the estate will offer a variety of residential options to satisfy the broader market . Avianto Estate for instance offers a retirement village , preand primary school , entry level developments for the starter family , all the way up to the affluent end of the spectrum – basically catering to almost every sector of the market .

" When you look at a super estate like Avianto Estate , Steyn City or Val de Vie , the benefits go beyond creating a safe and protected lifestyle , you are building an opportunity for a multi-generational way of living .”

140 AUGUST 2022 SA Real Estate Investor Magazine