eLan Real Estate - Paradise Defined2019-04-18 The North Coast of KwaZulu-Natal continues to be a property hotspot.
Both government and private enterprises are responding to high demand by flexing their financial muscle and collective strategic ability. New residential and commercial developments are popping up frequently, all along this stunning coastal region. The North Coast offers a completely unique lifestyle, unavailable anywhere else in South Africa â€" it’s safe, beautiful, and conveniently placed for residents and tourists to enjoy the best this province has to offer. While 2018 was very much a buyer’s market in KwaZulu-Natal, so far in 2019 it appears the market is beginning to shift somewhat. Increased sales were becoming prevalent towards the end of 2018, with homes starting to sell faster in areas closer to schools, major highways and economic hubs. Airports also proved to be a key factor in sales. Due to all of this, the North Coast has continued to be a hotspot for investment. This is evidenced by the rapid advancement and development of both commercial and residential opportunities in the region, from Umhlanga through to Blythedale Coastal Estate. The North Coast is more accessible than ever to the more than five million passengers who pass through King Shaka International Airport annually. Residential property in the area is proving to be one of the most astute investments in South Africa. Regional government has been crying out for private investors to produce all-inclusive beach resorts that will increase international tourist demand. This call has been answered in part, with mega-brand resort hotels to be developed at Tinley Manor and Blythedale. Resorts of this kind will open the Zulu Kingdom to foreigners. Close to both resorts is the King Shaka Heritage Route and the Albert Luthuli Museum. The KwaDukuza Municipality is accounting for this extensive coastal development by providing 63 new coastal access routes for the public to enjoy. Blythedale Coastal Estate (of which the beach resort is a node) is close enough to Durban for easy travel. It also further opens Zululand (and all that scenic region has to offer) to game viewers looking for an alternative to the dusty game reserves in the north-eastern part of the country. The centralised nature of this pristine piece of property has made it appealing to investors countrywide. Gated communities are on the rise in South Africa. There are over 8000 all told, with around half located in Gauteng. This province is followed by the Western Cape and Eastern Cape, with KZN in 4th place (Lightstone Property, 2017). However, the province is catching up, especially with the astronomical developmental growth currently taking place on the North Coast. Working in tandem with this rise in quantity of community estates, is a distinct increase in quality. Estates are evolving, as property-seekers become more demanding of developers due to increasing customer choice. Blythedale has everything a modern, self-sufficient environmental estate requires. In addition to its six unique development communities, offerings include forest trails for running, cycling and equestrian, as well as direct beach access over a 3km stretch of gold, sandy seashore. Smart, green homes will be seamlessly integrated with the natural splendour of the indigenous forest, the wonder of the river lagoon, and the raw beauty of the coastline. The magnitude and overall potential of this development is astounding, and house-hunters and savvy investors are beginning to realise this. Development has started and sales are being made daily. There has been a strong interest shown in individual development sites. These range from 15 to 410 opportunities per development site. As well as developers displaying a keen awareness of these larger sites, individual freehold sites have attracted high sales interest from potential investors and homeowners. On the first Sunday of every month, from 9am-4pm, Blythedale Coastal Estate plays host to the Blythedale Coastal Adventure Market. BCAM combines adventure activities with handcrafted goods and artisanal food and beverages. It’s also used by many as an opportunity to view prime property on show. Pricing remains competitive in this Estate; one of the most sought after on the North Coast. Many savvy investors are acting early, to ensure they guarantee themselves properties in Phases 1 & 2. Phase 1 is almost completely sold out. Early adopters are often the segment to see the best returns, and leaving it too late may price some people out of investing. eLan’s team of dedicated sales agents are active onsite, daily, and are also available by appointment at the Simbithi Sales Office. Contact eLan Real Estate for more information: Tel: 086 100 2001 Email: sales@blythedale.co.za |
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