Page 81 - Waterfall City Special Edition 2022

residential

Beachside Living comes to Waterfall City

MUNYAKA LAGOON ALMOST LAUNCH-READY

Balwin’s luxurious R9bn development, Munyaka, is a unique “We have worked closely with our architects from LYT
residential estate that is designed to include over 5 100 apartments Architecture to bring something truly exceptional to South
built around a Crystal Lagoon. Upon completion in 2028, Munyaka, African sectional title buyers and believe that Munyaka will not
which translates to ‘crystal’ in Venda, will be the largest sectional only set a new standard for lifestyle estate living in Waterfall City,
title development in the southern hemisphere, with a crystal-clear but indeed in the country,” comments Steve Brookes, founder and
freshwater lagoon and a man-made beach at the centre of it all. CEO of Balwin Properties.
Balwin has concluded an exclusivity agreement for South Africa In terms of the residential scope of Munyaka, the entry-level
with Crystal Lagoons, a multi-national Chilean company with apartments are one-bedroom units, each fibre-ready, including
offices worldwide, for the development of six Crystal Lagoons free eco-friendly appliances, a balcony for outdoor entertaining,
throughout the country. The lagoon at Munyaka spans 22 000m plus pre-paid water and electricity meters. These units start from
2
and is soon to become the lifestyle hub of the estate. Filling of this R980k, making them accessible to average income earners. Classic
massive lagoon began at the end of August 2022 and is expected two- and three-bedroom apartments range from R1.68 million to
to be completed in December, with the water needing to circulate R3.3 million, while on the upper end of the scale, there are luxury
for a while before the lagoon opens to residents in February 2023. Lifestyle apartments ranging from R3 million to R90 million.
All Munyaka residents will have access to the development’s This development levels the property market like never
man-made beach and be able to swim, canoe or paddleboard in before and this aspect was very important to Balwin in the
the lagoon and lounge in the heated pool. There will be a 50m-high conceptualisation of the estate. “I’m very proud of the one-
arched tower which will feature a conference facility and a 50-seater bedroom offering here. We are trying our best to make sure that
restaurant, while other amenities will include a 6-Star Green Star- the people who buy the one-bedroom apartments are the ones
rated VIP lifestyle centre with a Vitality-approved gym, concierge, who actually live in them. We want to show that youngsters can
restaurant, a Camelot Wellness spa and a cinema room for residents enter the property market locally and enjoy everything that estate
to enjoy. living has to offer,” explains Brookes.

While phases one to 15 of Munyaka
are sold out and occupied, units in
phases 16 to 18 are currently on the
market. Visit www.balwin.co.za for
more information.

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