A view of one of the ‘green’ Riverside homes in Bryanston.
Freehold home owners and developers in prime Johannesburg/Sandton suburbs are increasingly buying into the “green” construction trend that is already well established in the commercial building and gated residential estate sectors in the greater Metro area.
This is the view of Ronald Ennik, founder and principal of Christie’s International Real Estate-affiliated Ennik Estates.
A prime example, says Ronald, is the light steel frame (LSF) technology that was applied in the recent construction of two prestige homes on a subdivided viewsite property above The River Road in Bryanston.
“One of the riverside homes has already been sold, while the other is on the market at an asking price of R6,8-million (including transfer fees)” says Bryanston-focused Ennik Estates consultant Mandy Smith.
“While green building is mostly associated with newly-developed, post-millennium suburbs, it is interesting to note that buy-demolish-and-rebuild developers and investors are now increasing applying LSF technology in long-established residential areas as well,” says Ronald.
“Apart from being environment-friendly, a key benefit of LSF construction is that houses are warmer in winter and cooler in summer compared with standard bricks and mortar,” says Mandy.
“Furthermore, there are no damp issues and wall cracking – and it is easy and clean to do upgrades and renovations”.
“The LSF concept is also bank-friendly in that most of the major banks have approved the concept and will grant home loans if approached. In fact one of them recently granted an 80% per cent bond for an LSF-built home,” Mandy concludes.