Three Durban residential developments that you should invest in
DURBAN – KwaZulu-Natal is the ideal location if you are looking to buy your first property or you are looking to invest in your second home.
KZN is home to residential developments that have been completed or in the process of construction like the Sibaya Coastal Precinct.
Sibaya Coastal Precinct is a high in demand property development that achieved R3.2 billion in sales in the last 18 months. It has already seen 299 transfers within the period of July 2017 to June 2018.
1. The Saxony Sibaya
The Saxony Sibaya located within the Sibaya Coastal Precinct has 100 luxury apartments, consisting of 2 and 3 bedrooms and 3 and 4 bedroom penthouses. This development will be worth R500 million upon completion and has world-renowned cricket player Hashim Amla as an investor. Construction will start on the development in 2019.
Lush is a residential development that has 1, 2 and 3 bedroom condo-style homes. The development is located within the Elaleni Coastal Forest Estate and it has facilities like walking and running trails swimming pools for children and adults and a tennis court. Phase 1 of the development is now sold out and sales of Phase 2 opened recently too.
3. Evergreen Lifestyle Zimbali Lakes
Located with the Zimbali Lakes Resort this development is geared around the retirement market’s demand for secure retirement living. The development has sectional title apartments will be sold on a life rights basis. Facilities available at development include a 18-hole championship design golf course, the resort's signature 30-hectare lake and sporting facilities.
Follow the Business Report on Instagram here
BUSINESS REPORT ONLINE