Air­port boosts prop­erty sales

Michelle Swart dis­cov­ers Nguni @ West­brook, a devel­op­ment that is de­scribed as the best kept se­cret on the KwaZulu-Natal north coast

Business Day - Home Front - - HOMEFRONT -

THE KwaZulu-Natal north coast has al­ways been a pop­u­lar hol­i­day des­ti­na­tion but now the de­mand for prop­erty is grow­ing. The stretch of coast from Dur­ban North to Zinkwasi has be­come a prime prop­erty in­vest­ment lo­ca­tion, es­pe­cially with the com­ple­tion of the King Shaka in­ter­na­tional air­port, and some pro­fes­sion­als are choos­ing to live at the coast and still work in Gaut­eng.

The King Shaka Air­port is min­utes away from Nguni @ West­brook, which is sit­u­ated be­tween Umh­langa and Bal­lito. This sec­tional-ti­tle devel­op­ment is said to have ex­cel­lent cap­i­tal-growth prospects as one of the last de­vel­op­ments on this stretch to of­fer prime beach frontage.

Nguni @ West­brook was de­vel­oped by Lor­ber Projects. It is lo­cated close to a range of ameni­ties, in­clud­ing shop­ping cen­tres and the Zim­bali and Mount Edge­combe Coun­try Club golf cour­ses. The devel­op­ment over­looks a golden beach typ­i­cal of this area, and a nat­u­ral, se­cure bay, where fish­ing, kite surf­ing, pad­dle ski­ing and dol­phin and whale spot­ting are the or­der of the day.

In­spired by an orig­i­nal wall paint­ing on the site, which tells of Nguni cat­tle whose di­verse and colour­ful hides are named af­ter com­pa­ra­ble birds by its lo­cal peo­ple, this is a devel­op­ment that has been born from its sur­rounds. It has 24-hour on-site guards, state-of-the-art se­cu­rity and alarmed perime­ter fenc­ing.

There are three units left of the to­tal of 44, which range in size from 114m² to 400m².

They in­clude a two-bed­room, two-bath­room unit mea­sur­ing 114m² on the mar­ket for R2,1m. This apart­ment has sea views and in­cludes an un­der­cover park­ing bay, an open park­ing bay, and a store­room to - ac­com­mo­date a wash­ing ma­chine and tum­ble dryer.

There is also a three-bed­room, three-bath­room unit for sale at R3,5m. This 220m² apart­ment has sea views from the lounge and main bed­room and boasts ex­tra-high ceil­ings, top-of-the-range fin­ishes and can be pur­chased fully fur­nished. Two un­der­cover park­ing bays and a store­room are in­cluded.

The last pent­house apart­ment, de­signed with three bed­rooms and three bath­rooms, has a pri­vate pool and an en­ter­tain­ment area. On the mar­ket for R6,8m, this 340m² unit has sea views, top-of-the-range fin­ishes and an en­ter­tain­ment area with a bar and a gas braai.

Im­ported, first-grade porce­lain Ital­ian tiles have been used through­out this devel­op­ment, which also fea­tures fit­tings and fix­tures such as frame­less show­ers, Hans Grohe bath­room fin­ishes, Ceasar­stone and gran­ite kitchen tops, and alu­minium balustrades, doors and win­dows.

Buy­ers are from Jo­han­nes­burg, Dur­ban, Pre­to­ria, the UK, Europe, and Swazi­land, and are in­vestors, pro­fes­sion­als and en­trepreneurs seek­ing ei­ther a hol­i­day home or a per­ma­nent res­i­dence.

Knowl­edge Fac­tory’s SAPTG statis­tics in­di­cate that sec­tional ti­tle prop­er­ties have seen rea­son­able growth, with a steady de­mand, as in­di­cated by the 152 sec­tional ti­tle trans­fers that took place last year, one of the worst years for the South African prop­erty mar­ket.

Dur­ing the 2010 pe­riod, 36 sec­tional ti­tle trans­fers have taken place so far for an av­er­age value of R1,562m. Con­tact: Nguni @ West­brook. Gary Lieben­berg 084 502 4000 Lori Baden­horst 084 502 3000

Nguni @ West­brook devel­op­ment over­looks a golden beach typ­i­cal of this area, and a nat­u­ral, se­cure bay where fish­ing, kite surf­ing, pad­dle ski­ing and dol­phin and whale spot­ting are the or­der of the day.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.