Waterfall Park is an infill development located in Benoni, Ekurhuleni that consists of both rental and owner-occupied, sectional title flats. The development includes 232 EDGE-certified homes, of which 104 units have been sold to the open bonded market, and 128 units are being managed as rental stock by International Housing Solutions (IHS), a South Africa private equity firm focused on the development of affordable green housing.
The EDGE-certified properties in Waterfall Park were developed through a joint venture special purpose vehicle with SSI Group, a company that has gained a strategic position in the South African construction industry due to its supply chain relationships and in-house capabilities.
Rentals range between 5,900 to 6,300 rand per month for two-bedroom, one bath and two-bedroom, two-bath homes. Residences for sale have already sold out.
Waterfall Park has received final EDGE certification from the Green Building Council of South Africa.
Predicted Savings of EDGE Certification
Insulation of roof and solar hot water collectors.
Low-flow showerheads, low-flow faucets in kitchens and bathrooms, and dual-flush water closets.
Hollow core precast slab, micro concrete tiles on timber rafters for roof construction, and solid dense concrete blocks for external walls.
*Part of the energy efficiency percentage may be associated with virtual energy for comfort depending on the presence of heating and cooling systems. Note that virtual energy does not contribute savings to utility bills.