The estate will consist of:
An upmarket equestrian estate, shopping centre near
the Allandale Road turnoff, two retirement villages, light
industrial parks, a private hospital, international
schools, a business park, a five-star international hotel,
petrol stations, polo fields, 17km of walking trails
through 300ha of green belts with several bird hides,
park benches and drinking fountains, horse and cycle
trails, a gym and a retail park, a lake larger than
Emmarentia Dam for non-motorised water sports,
squash courts, swimming pools and a country
clubhouse, which will include a fitness centre and spa.
Century Property Development is putting in the
infrastructure. The Equestrian Estate already has about
80 houses constructed, with some fetching prices in the
region of R70m. It has stables, bridal paths, paddocks,
training tracks, veterinary and tack rooms, a jumping
arena, a lungeing ring and dressage areas.
Waterfall City is 33 percent complete.
Sasol will pump LP Gas into the development as an
alternative energy option to the property. With tanks
ranging from 6 200 to 22 500 litres, this is the biggest
project of its kind to be undertaken in the South African
retail sector, according to Pieter Claassen, Manager of
New Business Development for Sasol. This can be
used to meet 70 percent of household energy
requirements.
"South Africa's national power grid has become
increasingly strained as new commercial and property
developments have come alive. Sasol Homegas will
ease the burden on the power grid, enabling buildings
to have a reliable alternative energy source at all times,
while mitigating escalating electricity costs," he said.
To Page
|