Balwin Properties' Munyaka Lifestyle Estate boasts a man-made lagoon the size of seven rugby fields filled with 40 million litres of water. | News24_Business
Balwin Properties opened its second man-made lagoon in Gauteng this week. Flanked by modern apartments, villas and a"hero" six-bedroom penthouse priced at R75 million, Balwin's new addition comes as the developer looks to capitalise on robust demand for housing, including from those frustrated with the state of government's electricity and water services.
The Munyaka lifestyle Estate, where the lagoon filled with 40 million litres of water is located, also adds to a growing number of developments in Waterfall City that seek to appeal to buyers looking a long-term solution to SA's seemingly permanent load shedding problems. The developer has established an energy subsidiary, Balwin Energy, that specialises in solar power to reduce the reliance of Munyaka and other Balwin estates on Eskom. The energy business also supplies water treatment plants for the estates.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How much will you save with no transfer duties for properties less than R1.1m?Are you planning to buy property that costs less than R1.1-million. This is how much you will be saving, thanks to the recent announcement by the Finance Minister to scrap transfer duties for properties that cost less than R1.1-million.
Read more »
City’s inspectors check properties as water usage remains highCape Town's water usage recently decreased from over one billion litres per day to 936 million litres a day. Despite this decrease, current usage is still considerably higher than the target of 850 million litres per day, which the public is encouraged to stay under.
Read more »
Gauteng residents run businesses from illegally occupied state landIn some cases the properties are illegally occupied while in others they are unlawfully rented
Read more »
What R350,000 a month in rent gets you in South AfricaAlthough South Africa faces numerous economic challenges, some rental properties are echarging incredibly high prices.
Read more »
Cape Town deemed the healthiest city in South AfricaCapetonians buy the healthiest food, Joburgers work out the most and Durbanites have a bit more room for improvement. This is according to the latest 'ObecCity Index' by Discovery Health's lifestyle scheme, Vitality:
Read more »
SA Rugby hits back at disgruntled WP clubs: 'Erroneous, misleading, needlessly distracting' | SportRugby governing body SA Rugby has hit back at the protesting Western Province-affiliated clubs by releasing an explosive statement saying that their claims were 'erroneous, misleading, and needlessly distracting'. | Sport24news
Read more »