{"id":645063,"date":"2022-11-22T10:28:56","date_gmt":"2022-11-22T08:28:56","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=645063"},"modified":"2022-11-22T12:49:06","modified_gmt":"2022-11-22T10:49:06","slug":"a-look-at-the-new-2800-unit-development-bringing-estate-living-to-soweto","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/property\/645063\/a-look-at-the-new-2800-unit-development-bringing-estate-living-to-soweto\/","title":{"rendered":"A look at the new 2,800 unit development bringing ‘estate living’ to Soweto"},"content":{"rendered":"

Soweto in Gauteng will soon be home to four new lifestyle estates, with the launch of the Orlando Towers Estates development taking place this week.<\/p>\n

Construction on the development has already started, and first occupation is expected in July 2023.<\/p>\n

According to the developers, UrbanDev, the mission of the development is to empower the community with property assets that will appreciate in value due to the prime location.<\/p>\n

Derek Steyn and Louis Barnard, leading the development team, said that the project would also serve as a stimulus for the local community and represents a major investment into middle-income bonded housing for the area.<\/p>\n

“This is the spirit behind the vision for Orlando Towers Estates, to build quality affordable lifestyle apartments for the average South African. Through this development, we will be empowering buyers with long-term wealth creation and with a saleable asset,” they said<\/p>\n

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The four lifestyle developments will boast top-tier facilities, including biometric access, a football pitch, kids\u2019 play areas, braai pods, a clubhouse facility, fibre network, resident parking bays and gas utilities.<\/p>\n

The project is part of an investment drive aimed at converting the area surrounding the Orlando Dam and the Orlando Towers into a sought-after growth node.<\/p>\n

It will produce over 2,800 two- and three-bedroom apartments, ranging from 45m2 to 68m2, in four secure estates over the next five years, priced from R670,575 for a two-bedroom apartment.<\/p>\n

Prices for the largest apartments are priced under R1 million.<\/p>\n

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The estate is located less than 4km from Maponya Mall, 2km from Chris Hani Baragwanath Hospital, the University of Johannesburg, and with Bara Mall right across the street from the development.<\/p>\n

Raubex is leading the construction of the development with MortgageMarket.co.za as the exclusive home loan origination partner.<\/p>\n

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Read: Development boom in the Western Cape \u2013 while Gauteng declines<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Construction on a new development in Soweto is starting, bringing four lifestyle estates to the area.<\/p>\n","protected":false},"author":10,"featured_media":645087,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12755],"tags":[26,2231,17643],"class_list":["post-645063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-headline","tag-raubex","tag-urbandev"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/645063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=645063"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/645063\/revisions"}],"predecessor-version":[{"id":645197,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/645063\/revisions\/645197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/645087"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=645063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=645063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=645063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}