Coming home after a hard day’s work and having a drink while enjoying the scenic view from your stoep is pretty much the South African dream. Generally the best views are offered from high-rise apartment buildings or waterfront properties – two things Pretoria doesn’t offer its residents. Yet.
The Pretoria property market is steadily meeting the need for quality high-rise accommodation. A shortage of real estate as well as long- and short-term rental options across the city has been addressed by a number of recently completed high-rise properties, with a few more to be completed in the foreseeable future. These developments will likely go a long way in satiating current property demands and offer residents unique vantage points to enjoy never-seen-before panoramas of the city. And waterfront living? Believe it or not, Pretoria will soon have beachfront apartments!
The Blyde at Riverwalk Estate – Pretoria East
The Blyde at Riverwalk Estate will be constructed in sought-after Pretoria East and take apartment living to an entire new level. Apartments overlooking an idyllic lagoon and waterfront promenade will become a reality right here in the city. A resort-style of living that includes a range of water sports, sunset strolls on the promenade and easy access to a range of amenities will become the norm.
Water innovation company, Crystal Lagoon, has revolutionised the real estate market with technology that brings beachfront living to brand-new places. A Crystal Lagoon around the size of two rugby fields will be the focus point, and key selling point for buyers and investors alike, of this enormous residential development. The addition of a Crystal Lagoon rapidly increases sales at a low cost as it is inexpensive to construct and maintain. A Crystal Lagoon can be filled with fresh, brackish or salt water and the innovative technology responsible for this globally expanding concept has shown it uses less than 2% of the overall energy consumption of standard pool filtration systems.
Property prices for apartments in The Blyde range from R704 900 for a one bedroom to R1 399 900 for a three bedroom.
The Regency – Ashlea Gardens, Menlyn
The Regency is the first luxury high-rise apartment building constructed in the rapidly developing Menlyn area and is due to be completed later this year. The Regency will consist of 227 luxury apartments, which are nearly sold out. The few remaining one- and two-bedroomed apartments can be purchased from R1 159 200 to R2 511 600. The nearby Capital Apartment and Conferencing Hotel opened earlier this year and weekly rates of around R16 000 are being achieved at this brand-new hotel. This speaks well for prospective Regency property investors when considering attractive return investment options.
In addition to the local residents looking for upmarket property options, Pretoria – being the seat of the executive branch of the government – also attracts a significant number diplomats and business travellers on a regular basis. The Regency meets this ever-growing need for cosmopolitan, secure and urban lifestyle accommodation.
Details: 012 365 9000 / http://www.pamgolding.co.za/property-development/pretoria/the-regency
1 On Mutual – Pretoria CBD
1 on Mutual is a 15-storey mixed-use building that was recently completed as part of the Pretoria CBD redevelopment project. The existing heritage building “Ons Eerste Volksbank” adjacent to 1 on Mutual was refurbished to accommodate ground floor retail and office space, with the upper levels constructed for parking and 142 trendy new apartments. 1 on Mutual apartments boast a great view of the iconic Church Square from the intimate balconies. A green spill-out courtyard forms the centre link of the building offering residents a private outdoor area to enjoy.
People living in Pretoria CBD are starting to expect a more upmarket standard of living. The bachelor, one- and two-bedroomed apartments currently available at 1 on Mutual are well tuned to this expectation. For more information on rental and investment opportunities at 1 on Mutual, contact City Property Group.
Details: 012 319 8700 / http://www.cityproperty.co.za/en/neighbourhoods/tshwane/tshwane-cbd/properties/one-on-mutual/
Festival’s Edge – Hatfield
Festival’s Edge is a ten-storey fully furnished apartment building aimed at the student rental market. Situated 300m from the University of Pretoria campus, this luxury building has IT labs, communal study spaces and strict access control to maintain a high-level of security and peaceful living. The top it off, Festival’s Edge boasts a rooftop braai and entertainment area with a great view over Hatfield and the surrounding area.
For more information on rental and investment opportunities at Festival’s Edge, get in touch with MidCity Property Group.
Menlyn Maine Residential – Menlyn
Menlyn Maine is Africa’s first green city in the making. The residential development of this multi-faceted project consists of approximately 550 apartments constructed in two phases, with phase one 80% sold out. The architecture of this residential development will be a first for the city, consisting of three high-rise apartment blocks. These towers will offer unique views over the mixed-use Menlyn Maine precinct as well as the entire Jacaranda City. Construction has recently commenced on phase one and is due to be completed by 2019.
By Jana van der Linde