A beautiful crystal-clear lagoon, the size of 7 rugby fields, is just one of the many fabulous features residents in Balwin Properties’ R9 billion Munyaka Estate will experience every day! Munyaka in Waterfall, Midrand, will comprise 5020 stunningly designed 1, 2 and 3 bedroom apartments surrounding the lagoon, the largest of its kind in the southern hemisphere.
“Munyaka, which translates to “Crystal” in Venda, is set to be the crown jewel in our development portfolio,” says Steve Brookes, founder and CEO of JSE listed Balwin Properties. “We have worked very closely with our architects to bring something exceptional to South African sectional title buyers and believe that it will not only set a new standard for lifestyle estate living in Waterfall but indeed in the country.”
Construction of the lagoon, boundary wall, gatehouse, Lifestyle Centre and show apartment block has already commenced with the balance of apartments being rolled out over the next eight years. Balwin is further investing significantly in road infrastructure around Munyaka, having already completed Mia Drive at a cost in excess of R100 million.
The bulk of the 5 020 apartments will consist of Balwin’s core model of quality one, two and three-bedroom apartments and will include appliances such as a fridge, stove, washing machine, tumble dryer and dishwasher in the sales price. The Lifestyle Centre offers free gym facilities, squash courts, on-site concierge, restaurants, meeting rooms, a heated swimming pool, laundromats, cinema, wellness spa and children’s play area.
The development includes two ultra-luxurious beachfront penthouses, setting a new benchmark for luxury penthouse living in the area. A further four super luxurious beachfront units will also be included.
“I’m a strong believer in the prospects of our country. We can and will turn SA Incorporated around,” says Brookes. “I’m so confident in the success of Munyaka and South Africa, that I have pledged to buy one of the penthouses for my family.”