As the finishing touches are applied to our third phase homes in the Riverspray Lifestyle Estate in Vanderbijlpark, we also have the latest batch of new owners ready to take occupation of them! With a very limited number of homes still available to purchase within this phase, clients who miss the opportunity to secure a home now will have to wait another three months before homes in the next phase will become ready for occupation.
Construction of the ninety-six iThemba homes in Albertsdal is well underway and I believe that we will have the project completed well before the current advertised date of 1 December. The construction of the entrance and guard house of the Melokhule Estate, of which iThemba will become a part, is also progressing well ahead of schedule. I am very excited about this security estate which, once completed, will comprise of three individual complexes, and will form a single security estate with state-of-the-art access control and excellent security.
Great progress was also made with the installation of civil services to our Elemente project next to the Potchefstroom dam. Here we have fifty-seven full title stands adjacent to the pristine waterbody spanning over 770,000 square meters, where clients may use the architect and builder of their choice to build their next dream home.
We also plan to have the first show unit in our Uitsig development, conveniently located alongside the Elemente estate, completed within the coming months. This forty-three-home development is earmarked for completion by mid-2026 and will offer stunning three-bedroom, two-bathroom simplex homes with back-up electricity and water solutions as a standard feature.
This past weekend we had our first families take occupation of their new homes at our Fernhill residential complex in Bryanston. With another group of residents moving into the complex in a month, the complex will almost be 65% occupied. Hopefully, our marketing team will conclude a few more sales in the weeks to come to get the complex closer to being 100% sold.
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