Riverbend Estate; Affordable, Luxurious and Centrally Located
Category Property News
The growth of Kyalami’s residential market has led to many real estate experts labeling the town as the next Sandton. Nestled in northern Johannesburg’s Midrand, this title is fitting as the suburb is undergoing a significant transformation that will see it emerge as a residential powerhouse.
The town’s growth has attracted adept developers and investors who have capitalised on the suburb’s strong housing sector that is made up largely of upmarket gated estates. Characterised by security, luxury and a distinct lifestyle, these homes perfectly cater to first-time home buyers and those looking to downsize.
One of the newest and most sought-after estates arising from the Kyalami property market is the premium, Riverbend Estate. Launched in October 2015 and completed in January 2017, the estate perfectly encapsulates the high standard of homes in the suburb.
When developers, Central Developments Property Group, created the blueprint for the estate, they unanimously decided that it would feature exceptional and unique finishes, and uphold energy saving elements. Upon completion, this blueprint was achieved on a grand scale, and today, Riverbend Estate has taken the market by storm.
Unique Facilities
Comprised of 169 units, residents of the estate benefit from a multitude of contemporary features that enhance everyday living. All units and common areas are protected by 24 hour security, allowing residents to enter and exit their homes safely without the threat of intruders. For entertainment and relaxation purposes, Riverbend Estate has a clubhouse, pool and children’s play area – making it the ideal location to spend quality time with friends and family.
Built on eco-friendly guidelines, all units are equipped with solar geysers, electric back-up battery packs, and pre-paid electricity and individually metered water. Additionally, all units have uncapped VDSL internet with Wi-Fi, DSTV satellite dishes, and upmarket finishes including stone tops in the kitchen. Furthermore, all ground floor apartments and duplex units have privately walled gardens.
One of the most competitive aspects of Riverbend Estate is the variety of floor plans to choose from, which makes it appealing to a wide range of family sizes and budgets. Here, you can choose from six different floor plans that are designed according to two bedroom apartments and three-four bedroom duplex and triplex houses.
Unmatched Affordability
Riverbend Estate represents a well-suited first-time home as it is affordably priced when compared to similar estates in the region. For example, you can buy a three bedroom house here for R2.2mil, whereas surrounding properties in Waterfall City and Kyalami Estates sell between R5mil and R10mil.
The affordability factor not only makes it an ideal forever home, it is also a great investment option for savvy small-scale investors. In fact, recent statistics show that certain units on the estate have generated a return of more than 30% in less than 12 months. These high returns are largely due to high rental demand and expert rental management options available for investors.
Central Location
Residents of Riverbend Estate are centrally located to a wealth of amenities and arterial routes that conveniently and effortlessly place them close to commercial and retail hubs. Situated on the corner Moerdyk and Gerald Street, the estate has easy access to the N1 freeway, which connects it to Woodmead, Rivonia, Fourways, Midrand and Sunninghill. It is also just 5km from the fastest growing node in Gauteng, Waterfall, which is also home to the largest mall in the Southern hemisphere, Mall of Africa.
CSi Property Group has mandated a diverse selection of homes from Riverbend Estates. As Kyalami continues to grow and attract new developers and investors, developments such as Riverbend Estate will become more widespread. To find out more about the available properties from the estate, speak to our expert and helpful real estate agents from CSi Property Group today.
Author: CSi Property Group
