Of­fer as sweet as sugar

Business Day - Home Front - - HOMEFRONT -

THERE is some­thing very ro­man­tic about the north coast of KwaZulu-Na­tal. The rolling green hills and beau­ti­ful coast­line have for years ap­pealed to in­vestors who want the finer things in life.

The wish to live away from the hus­tle and bus­tle of city life has boosted de­mand in coun­try re­gions as buy­ers ac­tively seek ar­eas that of­fer the peace and tran­quil­lity they de­sire.

Sh­effield Beach near Salt Rock is one such area. Sit­u­ated a 10minute drive from the hol­i­day cen­tre of Bal­lito, this re­gion is one of the bet­ter-kept se­crets of the KZN coast. The small vil­lage was named in hon­our of the sugar mag­nate Sir Leige Hulett’s birth­place in Sh­effield, Eng­land.

A new de­vel­op­ment, Bret­ten­wood Coastal Es­tate, which was orig­i­nally a sugar cane farm, is sit­u­ated above Sh­effield Beach, high on a ridge over­look­ing the In­dian Ocean.

The es­tate com­bines the se­cu­rity and fa­cil­i­ties of a gated res­i­den­tial en­vi­ron­ment with the tran­quil­lity of a sub-trop­i­cal coastal life­style.

“This es­tate of­fers the best of both worlds, with beau­ti­ful ocean views from many of its stands along with a high level of se­cu­rity to the home own­ers,” says John Pechey, bro­ker/owner of RE/MAX Dol­phin Real­tors.

The 104,34ha es­tate, which forms part of the 3 000 acres pur­chased to sup­ply the first sugar mill at Tin­ley Manor, is be­ing de­vel­oped by The Hulett De­vel­op­ment Com­pany. About 70% of the to­tal land area will be de­vel­oped, with 25% of the de­vel­op­ment al­ready com­pleted. More than 26% of the es­tate is pri­vate, open con­ser­va­tion space.

The de­vel­op­ment is the dream of de­vel­oper Brett Hulett, a fourth-gen­er­a­tion Hulett.

“I have spent most of my life as a farmer com­pro­mis­ing na­ture with in­sec­ti­cides and poi­sons in or­der to earn a liv­ing. This is now my chance to give some­thing back by restor­ing na­ture and thereby cre­at­ing a truly spe­cial place.

“To date we have planted more than 3 000 in­dige­nous trees on the es­tate, 2 000 of these along our verges. Our con­ser­va­tion ar­eas on the es­tate are lush and fea­ture a wide va­ri­ety of birds and small an­i­mals,” he says.

The de­vel­op­ment is po­si­tioned be­tween an in­dige­nous for­est on one side and the In­dian Ocean on the other. The ar­chi­tec­ture was de­signed to en­hance the nat­u­ral beauty and cre­ate homes in har­mony with the sur­round­ings.

There are four in­di­vid­ual eco­zones and sev­eral well-pop­u­lated catch-and-re­lease dams for fish­er­men. Pic­turesque walk­ing trails me­an­der through the es­tate un­der for­est canopies, mak­ing it easy to for­get that the es­tate is sit­u­ated in one of the fastest-de­vel­op­ing ar­eas along the north coast.

Knowl­edge Fac­tory’s SAPTG sta­tis­tics sup­port this grow­ing trend. A to­tal of 27 prop­er­ties have been sold over the past 12 months. The high­est price paid for a free­hold prop­erty in this ex­clu­sive area was R9,3m, al­though the av­er­age price paid hov­ered around R2,5m. Sec­tional-ti­tle sales ap­pear to be slightly slower, with six sales tak­ing place for an av­er­age me­dian value of R1,4m.

“When you in­vest in prop­erty such as this you are mak­ing a life­style choice as well as en­sur­ing a good re­turn on your in­vest­ment,” says Pechey. “This es­tate is in an ex­cel­lent lo­ca­tion, fea­tures fa­cil­i­ties for all mem­bers of the fam­ily in dif­fer­ent life stages and is close to ameni­ties.”

Once com­pleted, the es­tate will have about 300 free­stand­ing homes and 400 sec­tional-ti­tle units. Pechey says buy­ers have the op­tion of pur­chas­ing land, free­stand­ing homes, build­ing pack­ages or sec­tional ti­tle units.

One of the prop­er­ties in Bret­ten­wood Coastal Es­tate be­ing mar­keted by RE/MAX Dol­phin Real­tors is a R3,4m, dou­ble-storey free­stand­ing home.

It of­fers four bed­rooms, three bath­rooms and a kitchen fea­tur­ing a gas hob and elec­tric stove. Other fea­tures in­clude a dou­ble garage, six air-con­di­tion­ing units, so­lar heat­ing, fi­bre-op­tic TV and in­ter­net con­nec­tions, a mech­a­nised chair lift on the stair­case and a pri­vate swim­ming pool. Pric­ing: Land prices from R650 000 Build­ing pack­ages from R2,95m Built homes from R3,25m Sec­tional ti­tle units from R1,925m Con­tact: RE/MAX Dol­phin Real­tors Of­fice 032 946 0881

The en­trance to Bret­ten­wood Coastal Es­tate, right. Be­low is a view from a home for sale within the es­tate, which is on the mar­ket for R3,4m.

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