Real Estate Investor Magazine South Africa September/ October 2019 | Page 26

NEW DEVELOPMENTS
New and upcoming developments
across South Africa
BY ISHANI CHETTY
The latest up-coming developments in a range of sectors, from
residential to commercial and more. These developments are
located around the country, including Cape Town , Johannesburg,
Durban, Pretoria and more. These developments are possible
investment opportunities for those looking to increase their asset
and wealth portfolio.
KwaZulu-Natal
Woods
As the demand for entry level homes, priced under R1-million
increases in South Africa, homes located in Hillcrest and
Waterfall have undergone an increased demand for sectional
title homes. Located in Kwa-Zulu Natal, As a new development
in Waterfall, The Woods requires a lower home deposit when
compared to current market rates. Homes are priced as low as
R649 000, The Woods offers an up-an-coming sectional title
homes in the area. The estate will provide homeowners several
green living elements including, Smart Meters in each unit, low
flow taps, dual flush cisterns and ambient day to night lighting
in common areas. The estate provides security to home
owners as it is located in a enclosed and gated perimeter. The
Watercrest Mall is a mere 200 metres from the estate, offering
convenience for home owners.
Image credit: The Woods, artists render
Vryburg
Located in the North West, Twin City Vryburg will be the
first enclosed shopping mall in the area. The project will
be undertaken by leading Pretoria based shopping centre
developers and investors, Twin City Development in
partnership with Vuno Developments. The shopping mall will
be 20 000 m² centre and is a R290-million development. The
shopping mall will have around 70 restaurants and service
outlets, with three anchor tenants. Vryburg is located in the
Naledi Local Municipality, Twin City Vryburg will be located on
the N18 national road into town.
Image credit: Render of Twin City Vryburg
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SEPTEMBER/OCTOBER 2019 SA Real Estate Investor Magazine