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Waterfall City, Gauteng

Ellipse Waterfall City, Galileo tower

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Details

Total GSA / GLA* m²:  12 084
Effective GSA / GLA* m²:  2 416
% let / % pre-sold:  Launch Q1 FY23
Indicative completion date:  Q2 FY25

Description

Ellipse Waterfall, located on a prime city gateway site opposite Mall of Africa, is a co-development with Portstone.

Ellipse Waterfall will on completion comprise four deluxe high-rise towers, named after celebrated astronomers: Newton, Kepler, Cassini and Galileo. Newton and Kepler towers (Phase 1, 270 units), a 50/50 undivided share with Portstone was completed during FY21 and 236 units have been transferred.

The completion of the Cassini tower (Phase 2, 185 units) is expected in Q4 FY23 with more than 85.0% of units pre-sold. The marketing launch of Galileo tower (Phase 3, approximately 145 units) is planned for October 2022.

Attacq’s interest in Phase 2 and Phase 3 is 20.0%. Phase 1 has achieved a 4-star GBCSA multi-unit rating (by design and as built) certification, with the rest of the development targeting the same certification.

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