WORDS: BETSIE LOOCK-VAN DER MERWE IMAGES: TER HOLLMANN, SUPPLIED
Bordering on Midrand, Kyalami and Woodmead, this 2,200ha of land is one of its kind in South Africa and exceptional in its offering to residents, commercial tenants, visitors and communities in the surrounding area.
Setting the trend
With awards* like Best International Mixed-use Development (three consecutive years) and Best Mixed-use Development in Africa (six successive years) under the belt, the Waterfall Estate project has distinguished itself as trendsetting in the field of mixed-use development. These awards were presented to the Waterfall Management Company that manages and coordinates all developments on this land on behalf of the landowner and also coordinates the partnership of several companies involved in the development since 2004.
“Waterfall has truly set the trend with creating a multi-purpose development, catering to first-time homebuyers all the way to last-time homebuyers,” says Jessica Hofmeyr, estate executive, Century Property Developments.
“The estate offers carefree living for all within a 5km radius. With two private schools within walking distance, a private hospital, one of the largest shopping centres in the country, commercial and office space, sports facilities and access to two major road networks and transportation services such as the Gautrain, there’s no other development in Joburg that has been so well thought out,” Hofmeyr comments.
“In addition to the planning, the aesthetic appeal makes this precinct internationally recognised and has assisted in record-high selling prices for houses within the Joburg North area,” she adds.
The Waterfall development is currently just over one third completed. The completion date is estimated at around 2027. It’s envisaged that the development will eventually comprise about 28,000 residential units and approximately 2,5 million of gross leasable area and office space.
The big five
“Waterfall Estate offers residents a fantastic quality lifestyle that’s underpinned by five essential elements that come together to make it an attractive, efficient and secure lifestyle estate for everyone,” says Sue de Klerk, property consultant, Jawitz Properties Midrand. She sums it up as follows:
It’s a one-of-a-kind
Property at Waterfall Estate is sold on a 99-year lease basis – the only one of its kind in South Africa. This unique selling point for prospective buyers means that there are no transfer duties payable when purchasing a home.
Sense of community
Waterfall Estate has something for everyone, from singles and married couples to families and the elderly. Residents share access to the communal facilities that include a large clubhouse with full gym, a heated pool and restaurant overlooking a beautiful dam, as well as 37km of running track that links the various estates together and provides picturesque running or cycling along the river. These facilities create and enhance the sense of community.
Ideally located between Joburg and Pretoria, Waterfall is a hop, skip and a jump away from the N1 highway and, therefore, easily accessible to any destination. The Midrand Gautrain station is close by, as are various petrol stations and shopping centres, including the new Mall of Africa.
The recent development of the Waterfall Business Estate means that thousands now have the opportunity to live and work within the same development. Waterfall has been specifically designed and planned for residents to take advantage of the live-work-play balance.
Peace of mind
A sanctuary within the busy city, Waterfall provides state-of-the-art biometric security systems and strict access control eliminating the stress of the threat of crime. Consideration has been paid to smooth traffic flow, harmonious architecture and green spaces – all contributing towards the peace of mind of residents.
- Ellipse Towers: state-of-the-art luxury apartment development
- Waterfall Equestrian Estate: opulent lifestyle estate
- Waterfall Country Estate and Waterfall Country Village Estate: upmarket luxury
- Waterfall Hills and Waterfall Valley: stylish retirement developments
- The Polofields: upmarket apartment development
- The Sheds: rent a cluster within Waterfall Country Estate
- Waterfall Crescent: upmarket rental home cluster
- Kikuyu: affordable apartment living
- Waterfall View: affordable housing development
- The Villas@Waterfall: recently added rental home development
Waterfall has designed a lifestyle component that cannot be offered anywhere else, and that’s why when someone moves into Waterfall Estate, they will never leave LA PARADA JESSICA HOFMEYR, ESTATE EXECUTIVE
- Netcare Waterfall Hospital
- Reddam House School
- Curro Waterfall (primary school)
- Petrol stations
- Waterfall Country Estate Clubhouse
- Riboville Boutique Hotel
- City Lodge Hotel Waterfall City
* The annual “World’s Best” International Property Awards: participating contenders represent the regions of Asia Pacific, Africa and Arabia, Europe, USA and the Americas, as well as the UK.