Affordable simplex units, Lifestyle Estate, Potchefstroom

Engel & Völkers Potchefstroom partners with Renico Construction

At last!  – townhouses in Potchefstroom that you can afford. 

LUCCA – Lifestyle Estate, Potchefstroom – is a brand development of 89 simplex units and stacked simplex units. 

89 Simplex units in Lifestyle Estate, Potchefstroom

89 Simplex and stacked simplex units in Lifestyle Estate, Potchefstroom

“For the 10 years that Engel & Völkers have been doing business in Potchefstroom there has never been a project or new development like this one. 89 Brand new simplex units at very competitive prices. In fact at prices the Potchefstroom market have never before experienced.” said Carl Venter, License Partner of Engel & Völkers Potchefstroom. “Buyers, and especially first-time home buyers with limited funds and financing options available, have had a hard time finding a home or townhouse that they can afford. Lucca changes this. Engel & Völkers Potchefstroom is proud to partner exclusively with Renico Construction – specialists in residential, commercial and industrial developments.”

Renico Construction

Renico Construction

Lucca is another quality development by Renico Construction

Renico Construction is a well known company with over 150 successfully completed projects. “The driving factor behind this new development was the  rising demand for townhouses in Potchefstroom that were affordable for first-time buyers, buyers wanting to downscale as well as for investors”, added Carl.

Prime Residential Area

One of the benefits that this new development offers is that it appeals to buyers looking to own property in one of Potchefstroom’s most prime residential areas. The complex is in Lifestyle Estate which is a security estate that offers residents further peace of mind and the benefit of a lock-up-and-go lifestyle. The estate security includes an 8 strand electrical fence as well as a Mircell Intercom system. The units are optimally designed and are low maintenance for the convenience of both residents and investors.

Lucca simplex units

Each simplex unit consists of 2 bedrooms, 2 bathrooms, open plan living area and kitchen, a private covered patio as well as a carport. Ground floor units have a private garden. Lucca also has energy saving features that enable residents to save on utility costs such as pre-paid electricity, aluminium window frames, double insulated roofs and heat pumps that save up to 65% of electricity usage for the heating of water.

Prices in the new development start from R810 000. Units are approximately 84m² – 86m² and are a mix of ground floor units, first floor units and simplex units available to choose from.  An added advantage is that prices include transfer costs as well as bond costs.

Exterior finishes combine brick and plaster to create an aesthetically pleasing effect

Exterior finishes combine brick and plaster to create an aesthetically pleasing effect

Rental Market

“The rental market also sees a shortage in townhouses to rent – once again a problem that Lucca will address.” Carl added. 

Lucca - affordable housing site plan

Lucca Site Plan

 

*Neither Engel & Völkers Potchefstroom office nor any of its affiliated offices (hereinafter jointly referred to as “Engel & Völkers”) assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of this template, any information, or process disclosed in this template and its example data. This template should not be considered as, or as a substitute for professional financial, tax or legal advises. Because the materials included here are general, they may not apply to your individual circumstances. You should not take (or refrain from taking) any action based on the information you obtain from this template without first verifying the data contained herein with your individual circumstances, adjusting them accordingly and/or even seeking professional advice as to the financial, tax and legal implications. This template does not manifest any rights, whatsoever in nature, between Engel & Völkers and the client and shall not serve as a basis for any agreement or common understanding concerning with Engel & Völkers.

 

For more information, please contact
Beatrice Joubert on 071 674 5673 or Beatrice.Joubert@engelvoelkers.com
or visit www.engelvoelkers.com/potchefstroom/ENV79309

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