The Firs at Heritage Estate have sold out Photo: Heritage Estate
Units within Heritage Estate, a new development aimed at the mature market in Modderfontein, in eastern Johannesburg, are quickly being snapped up and residents have begun to move into their homes.
According to David Coutinho of Pam Golding Properties, Johannesburg East, all the units in The Firs, which formed part of the first phase of construction, including two heritage cottages, have been sold and these residents have commenced moving in. The Firs and The Oaks at Heritage Estate will consist of no fewer than 122 sectional title units when they are completed.
“We are tremendously excited at the rapid progress that is being made with the construction and restoration of this multi-million rand development, which offers our seniors a completely new concept in mature living and involves the restoration of a charming old historic site,” says Coutinho.
“Construction of The Firs commenced in November 2015 and these units have proven highly popular. They were first put on the market by Pam Golding Properties in January 2016 and all of them were soon snapped up. The next phase, The Oaks apartments, was launched in March 2016 and 78 percent of these units have also been sold,” he explains.
The estate is being developed around Heritage House, a historical landmark in Modderfontein that was developed by the Chamber of Mines’ as a medical care facility for its employees, and was first opened in 1911.
“The charming old building, which had fallen into a state of disrepair in recent years is now the subject of a complete restoration plan in a remarkable project that is being guided by the Heritage Association. The building is being restored to its original glory and to provide residents with an enchanting and attractive old world lifestyle with all the conveniences of modern facilities.”
Heritage Estate, which is being developed by Norym Properties, offers the more mature homeseeker a range of sectional title property options to choose from. A variety of different sized apartments and penthouses are also available for sale through Pam Golding Properties.
“The estate is designed to cater to individuals in various phases of life from the age of 50 onwards where they will have easy access to the services offered by Tru-Care, a home based assisted living provider, and enjoy the rich level of amenities that Heritage will provide.” notes Coutinho.
“Heritage Estate is somewhat unusual in that it moves away from the traditional Life Rights retirement model to a sectional title ownership arrangement, in which owners can purchase a unit of their own. These become a highly meaningful longer-term investment for themselves and their families. ”
Coutinho says Heritage Estate is centrally and conveniently situated with easy access to the main routes to Johannesburg city centre, Sandton and Pretoria, as well as OR Tambo International Airport and the Gautrain. The new Greenstone Mall, Eastgate shopping centre and the Bedford centre, which offer excellent shopping and entertainment, and the scenic Modderfontein Nature Reserve are just minutes away.
“Modderfontein itself is a rapidly growing area and the subject of a great deal of infrastructure, commercial and residential development,” adds Coutinho.
“The estate is a completely new lifestyle concept that has been specifically designed to provide the senior with a range of accommodation options to cater for every stage of their lives. Heritage Estate offers residents maximum convenience, complete peace of mind within an attractive landscaped environment. It is not surprising that these units are proving so popular,” concludes Coutinho.
For further information please contact David Coutinho of Pam Golding Properties, Johannesburg East, 011 892 9960 or 083 625 1530.
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