An ambitious project to build a luxury development in Johannesburg that will have lifestyle apartments facing a lagoon the size of seven rugby fields is on the cards
The R9 billion Balwin Properties development, Munyaka, will be located at Waterfall City in Midrand.
The lagoon will be the largest of its kind in the southern hemisphere.
It will have 90 high-end apartments with “crystal clear” views of the man-made lake. This colossal project is set to be completed in 2028.
“Munyaka, which translates to “Crystal” in Venda, is set to be the crown jewel in our development portfolio, “ the developer said.
Prices for a flat in the development range from R980 000 to R90 million. On the low end are the “classic” small apartments with one bedroom and one bathroom.
Classic apartments:
1 Bed, 1 Bath R 979 900 (Small)
1 Bed, 1 Bath - R 1 109 900 (Medium)
1 Bed, 1 Bath - R 1 239 900 (Luxury)
2 Bed, 2 Bath - R 1 679 900 (First Floor)
2 Bed, 2 Bath - R 1 879 900 (Penthouse)
3 Bed, 2 Bath - R 2 299 900 (Garden)
Luxury apartments
1 Bed, 1 Bath (current phase sold out)
1 Bed, 1 Bath - R 2 999 900 (lagoon and beach facing)
2 Bed, 2 Bath - R 3 799 900 (Non lagoon facing)
2 Bed, 2 Bath - R 4 399 900 (Lagoon and beach facing)
3 Bed, 2 Bath - R 9 999 900 (lagoon and beach facing)
6 Bed, 2 Bath - R 89 999 900 (Lagoon and beach facing)
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