Development Name: The Mix – Waterfall
Status: Under Construction
Location: Waterfall, Midrand, Gauteng
Size: 500 hectares
Total Value: R500 million
Storeys: 14 storeys
Apartment size range: 36m2 – 110m2
Price range: R999 000 – R5 750 000
Developer: Attacq & Down2earth Properties
Amenities: Deli, Restaurant, Wellness studio, Active zones, co-working zones, concierge service, social Lounge
Completion date: Early 2024
JSE-listed developer and landlord Attacq says residential sales are booming at The Mix, its new development in the Waterfall node in Midrand, Johannesburg.
The Mix, a R500m project, has been designed to attract millennials who are looking to enter the residential property market. The development offers options to rent and buy apartments for those people who want to situate themselves in one of the fastest-growing nodes in Gauteng.
In SA, the millennial generation includes people who were born between 1980 and 1996. As they are now in their late twenties and thirties, they are in, or set to enter, the residential property market soon.
“We are excited about bringing these designer apartments to Waterfall, offering residents access to the lifestyle and amenities which the node offers at a very attractive price relative to others in the market,” Attacq chief development officer Giles Pendleton said.
Founded in 2005 and listed on the JSE in 2013, Attacq has been investing in Waterfall for about a decade. CEO Jackie van Niekerk said in a recent presentation to shareholders and the media that Attacq is set to roll out one-million square metres of multi-use and specialised developments over the next five to 10 years which would expand its asset base by at least R20bn. The company already owns about R20bn worth of SA assets, about half of which are in Waterfall by rand value.
“We are very serious about the future of Waterfall. Over the past few years, it has become the leading node in Gauteng. It boasts our flagship Mall of Africa as well as Waterfall City, which has attracted top tier tenants including PwC, Novartis and Deloitte Africa. It has been a logical step to add on impressive residential sections,” Pendleton said.
“The Mix is a place of choice for rentals by young professionals and purchases by investors,” he said.