FOCUS ON: LION PRIDE LIFESTYLE ESTATE A roaringly great investment

Investing in property in the sought-after northern suburbs of Johannesburg is a good decision. But, buying a home in this area’s Lion Pride Lifestyle Estate, which launched its new phase on May 20, is an even smarter move

Lion Pride Lifestyle Estate, situated in the north of Johannesburg, makes a life of comfort, 24-hour security and urban proximity a reality for middle-income earners. Here you can buy a home with all the luxury bells and whistles at a fraction of the expected price.

With load-shedding an everyday occurrence now, the new houses at Lion Pride include a gas stove, battery backup electricity and a solar geyser. The estate further offers a private school opening at the beginning of 2025, a shopping centre also opening in early 2025, playparks and beautifully landscaped gardens.

HIGH-END QUALITY

Lion Pride Lifestyle Estate offers a choice of six different floor plan sizes ranging from R1.62m for 89m² up to R2.3m for 189m².

The full-title, freestanding homes are kitted out in modern, high-end fi xtures and fittings and all have private gardens. That’s right – all high-end features and amenities in an estate where a four-bedroom, 2½-bathroom, double-storey house including the stand sells from R12,170 per square metre – less than a two-bedroom apartment in the surrounding areas.

Whether you are a prospective homeowner or investor, this makes for an excellent investment opportunity. See the hard facts in our numbers below.

MAKE IT YOUR OWN increases, it also brings built-in capital growth. So, the earlier you buy the more your investment will be worth. With only a quarter of Lion Pride completed, investors who buy now during the launch of this new phase can still realise significant growth over the next few years as further phases are launched.

URBAN OASIS

By investing in Lion Pride Lifestyle Estate, residents get to experience Mother Nature in a special way.

Slightly elevated from its surroundings, the estate offers residents beautiful 360 views across the iconic Joburg skyline and Midrand with the Magaliesberg mountains shimmering in the distance.

In the heart of the development is 17ha of protected grassland, which will soon be surrounded by beautiful walking trails offering residents even more peaceful and safe outdoor activities to enjoy.

Only 10 minutes from Lanseria and Fourways, Lion Pride is a country-style reprieve while being close enough to major urban conveniences as well.

Another outstanding feature is Lion Pride’s full-title property offering. Usually, estates are sectional title, which means the owner only has free rein over the inside of the house while the external walls and garden are common property maintained by a body corporate. However, full-title ownership gives homeowners full ownership of their entire property. This means they can extend and renovate their homes as needed, making the most of their investment.

As they buy directly from the developer additional costs such as bond registration and transfer costs applicable to properties over R1m are also not payable. This means a saving of up to R160,000 in costs. Buyers also get 12-month guarantees on their roof, plumbing and electrical installations as well as a fi ve-year NHBRC warranty.

Trust Is Earned

Lion Pride Lifestyle Estate is a collaboration between Cosmopolitan

Masai Lofts at Lion Pride

LOFTY LIVING

If apartment living is your choice of property – whether you are a new or seasoned investor, or a fi rsttime home buyer – the new Masai Lofts apartment offering, located at Lion Pride Lifestyle Estate, is the perfect option. These apartments are a more affordable entry point for those wanting to live in the soughtafter Lion Pride Lifestyle Estate. This secure apartment complex offers luxury two-bedroom, one-bathroom units and threebedroom, two-bathroom units ranging from 56m² to 82m². With high-end fi nishes, fibreto-the-home (FTTH) internet connectivity, 24-hour security, a playpark and pre-paid utilities, Masai Lofts offers great value for money. You also save on transfer and bond registration costs as you buy directly from the developer.

VARIETY IN THE MIX Masai Lofts, consisting of 256 apartments, offers a choice of three floorplans: 56m², 66m² and 82m².

A 56m² third-floor apartment with two bedrooms, one bathroom and covered parking is priced at R995,000 (the monthly bond repayment is R10,440). To qualify buyers must earn R34,800 per month (separate or combined).

An 82m² ground-floor apartment with three bedrooms, two bathrooms and covered parking cost R1,310,000 (the monthly bond repayment is R13,750). To qualify, buyers must earn R45,800 per month (separate or combined).

Projects and Central Developments who combined their skills in developing and managing security estates and delivering large scale developments with quality homes and lifestyle amenities priced for the average South African.

As a group, they’ve delivered more than 70,000 residential units over the past 30 years.

Each of the eight individual villages in the greater Lion Pride Estate will be managed by its own Homeowners’ Association (HOA), with an overarching HOA responsible for maintaining the shared communal facilities, security and public infrastructure.

This will guarantee that the highest standards will be maintained.

To ensure continuity, Cosmopolitan Projects and the Central Developments Group will manage this HOA for five years after the fi nal property in the development has been transferred.

SPOILT FOR CHOICE

In total, Lion Pride Lifestyle Estate will consist of 4,250 units comprising 2,713 houses and 1,540 apartments

(1,013 rentals and 527 will be sold).

Of the sales apartments, 256 is Masai Lofts (see box below).

The new phase offers buyers six different house floor plans to choose from: 89m², 100m², 127m², 142m², 148m² and 189m².

An 89m² house consists of three bedrooms, two bathrooms and a double carport and is priced at R1,626,075 (with a monthly bond repayment of R17,000).

To qualify, buyers must earn R56,900 per month (separate or combined).

A 189m² house offers four bedrooms, 2.5 bathrooms and a double garage and is priced at R2,300,400 (with a monthly bond repayment of R24,150).

To qualify, buyers must earn R80,500 per month (separate or combined).