Offer as sweet as sugar
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.