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East Rand development delivering up to 18% growth YoY

La Como Pic 1 wetland[2][1]La Como Lifestyle Estate, situated on a scenic wetland area in the East Rand, has already shown substantial capital growth since the estate’s inception in 2011.

According to Michael Stylianou, CEO of Aspen Development Company, the resale value of properties at La Como Lifestyle Estate has shown substantial growth on investment by an average of some 12% to 18% year-on-year.

“This highlights the strength of the property market within the area and properties are continuing to see impressive capital appreciation,” he said. “Investors therefore have the added peace of mind knowing their property will deliver a strong return on investment. In addition, properties are well priced, starting at R3,1m and going up to R14m.”

Set in a lavish 80ha greenbelt, amenities within the estate include four parks, and a clubhouse with restaurant, gym, heated pool and conference facilities. Some 200 homes have so far been developed on the estate’s 521 spacious stands, ranging from 500m² to 3,000m² in size.

La Como is situated in close proximity to major transport nodes and the OR International.

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