Page 17 - Waterfall Issue 4 2021

ELLIPSE WATERFALL

EXcEEDS R1-bILLIoN

IN SALES

A ttacq Limited (Attacq), flagship building, Cassini, the tallest EXcELLENT VALuE FoR ThE

DIScERNING INVESToR
of the four towers, which is due to
the JSE-listed REIT (Real
Estate Investment Trust)
developing Waterfall City, be completed by the end of 2022. Despite historically low interest
rates, the local property sector still
and its JV Partner, Tricolt, recently Melt Hamman, Attacq CEO says: “It faces headwinds given the excess
announced that the Ellipse Waterfall goes without saying that the market supply of property on the market
development has continued to conditions in the past year were and the financial crunch facing many
achieve incredible success, with total challenging, given the global pandemic households. However, Ellipse’s ability
sales to date exceeding R1-billion – a and subsequent lockdowns. Despite to deliver access to a premium lifestyle
source of great pride for the team. this, Ellipse Waterfall has continued experience that epitomises all the
to exceed all expectations, achieving best of connected communities, has
To date, 337 units have been sold in impressive sales in record time. Waterfall resonated with a specific investor
Ellipse Waterfall, one of the largest City’s unique value proposition of class, resulting in an overwhelmingly
luxury sectional title developments in being a fully integrated city, where positive market response.
South African history. The first phase, one can live, work and play, coupled
consisting of the Newton and kepler with Attacq’s unparalleled ability to Ellipse offers 23 penthouses of which
towers, is nearly 80% completed create spaces that inspire connection 12 have already been sold. They include
with the development on schedule, and community, has positioned Ellipse one valued in excess of R50 million – a
despite construction delays due to the as one of Gauteng’s most desirable three-storey penthouse comprising
lockdowns. Construction of the second residential locations, offering endless a spa, five en-suite bedrooms, walk-
phase is imminent and includes the possibilities to relax and engage.” in dressing rooms and a cinema.

In addition, Ellipse residents will have
exclusive access to the Luna Club, a
multi-concept lifestyle destination,
offering premier experiences and
services, ranging from an indoor gym, a
boutique spa, temperature-controlled
swimming pools and a wellness centre.
Additionally, the development has
a business centre with boardrooms,
conference rooms and a cigar lounge.

“We are proud of the work done to
date and humbled by the positive

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