The Saxony: New R2 Billion Jewel To Reshape Sandton Skyline1st Jan 2019
Jozi’s northern suburbs’ skyline is soon to be transformed by a gleaming, jewel-like architectural masterpiece that will tower over Sandton’s CBD from just south of its perimeter. The Saxony, located on Rivonia Road across from St David’s Marist Inanda, is set to redefine luxury living in Johannesburg’s richest square mile.
The Saxony, spanning 27 storeys, offers 397 two-, three- and four-bedroom apartments and penthouses, at a starting price of R3.2 million. Luxury is top of mind in every unit, with imported Italian Berloni kitchens, bedroom cupboards and vanities, as well as advanced smart home technology and superior security features incorporated throughout the development. All the units exude penthouse grandeur, with floor-to-ceiling glazing that invites the city views in.
The architecture of the building itself departs from customary boxed-shaped skyscrapers, and introduces a dynamic, triangular form, with the facade being clad in glass with brass-coloured metallic screens. ‘Our goal was to introduce international, cutting-edge architecture with a touch of African flair,’ says Nathan Iyer, award-winning visionary and director of IYER Urban Design. ‘The Saxony is split in three configurations connected by glass wedges to create a triangular shape, maximising the views from all sides.’
Facilities available to residents include state-of-the-art smart open-plan office spaces and boardrooms across four levels, an urban rooftop bar with a cigar and whiskey lounge, a vibrant coffee shop and deli for residents, businesses and visitors, internal landscaped green recreational areas, and a wellness centre with a fully equipped gym, heated pool, sauna and steam rooms perched on the 15th floor with views across the highveld.
‘The Saxony will feel like a luxury hotel, with every convenience catered for, be it car valets, laundry services, restaurant bookings, room service or shuttle services,’ says Iyer.
From The Saxony, you’ll be able to see the twinkling lights of Sandton CBD, with easy access to places like the Gourmet Chef’s Market, Blubird Whole Food Market, Wanderers Sports Club, Sandton City, Nelson Mandela Square and Sandton’s Gautrain station.
SALES ARE BULLISH
Sandton saw over 500 sectional title transfers registered between July 2017 and June 2018. The demand for property here is due to the high-density, high-LSM working population, and the global move towards living closer to the leading business districts.
Sales for The Saxony started online on November 17, drawing huge interest from buyers seeking a sophisticated city apartment lifestyle commensurate with the best in New York or London.
‘We are very bullish about this development. It has attracted a strong African market, from Zimbabwe, Kenya and Nigeria, but also from Sandton itself. The buyers are split equally between investors and people looking for a primary residence. Rental yields are exceptionally strong in Sandton – between 35% and 40% for a two bedroom unit,’ says Stefan Botha, director of Rainmaker Marketing, which pioneered the online residential sales launch, making the purchasing process convenient, seamless and easy.
The Saxony Sandton online sales portal will afford interested buyers an opportunity to purchase a unit from anywhere in the world on a dedicated online platform. ‘It gives everyone an equal opportunity to purchase one of the prime opportunities available,’ says Rajan Naidoo, CEO of Saxony Developments.
‘We are providing a unique digital experience. With our sales gallery located in Nelson Mandela Square, you’ll be taken on a virtual reality experience of The Saxony, enabling you to see the units from every angle and depth. The sales gallery is fitted out as a replica of an apartment in the development, showcasing the actual floor, wall and ceiling treatments, the kitchens and vanities, allowing buyers a touch, feel and see experience,’ says Naidoo.
Construction on the development starts in April 2019 and is expected to end 25 months thereafter.
THE SAXONY SERIES
Saxony Developments is spreading its footprint nationwide with its bespoke luxury homes. It is the largest private developer within KZN’s Zimbali Coastal Resort and Sibaya Coastal Precinct.
Other developments include The Saxony in Dunkirk Estate in Salt Rock. It is now rolling out The Lofts on Florida, a mixed-use development with 20 loft-style apartments on Durban’s iconic Florida Road, and a large mixed-use residential and commercial development bordering and surrounding King Shaka International Airport.