Who said you can’t have it all – live and work in Johannesburg and have your beachside holiday home only a short flight away? Offering an idyllic coastal lifestyle, where you trade in your sleek suit for a flowy dress or baggies and slops, KZN is all about tropical warm weather, beautiful beaches, hectares of indigenous forest … and a booming property market.
The North Coast of KZN
There’s no denying that investing in property on the highly sought-after KZN North Coast is to any buyer’s advantage. Offering more than just a ‘holiday home by the sea’, the Durban-Umhlanga-Ballito corridor was highlighted as the fastest growing wealth market in the country in AfriAsia Bank’s 2019 South African Wealth report, showing a 25% growth trajectory over the last 10 years. Developer representative of the Zululami Luxury Coastal Estate, Andrew Smith, agrees. ‘This region is seeing major development, including South Africa’s first Smart City master plan, as well as the R76 billion master plan that’s set to transform the North Coast from Ballito upwards.’
Holiday home appreciation
You can get your home to work for you too. With the North Coast attracting more professionals and holiday makers, it’s no surprise that your potential apartment investment can also generate a lucrative income for you. According to Smith, Ballito’s three-bedroom apartment rentals can fetch approximately R3000 more than the average apartments in Sandton and about R6000 more than Midrand’s average apartment rentals. ‘You can invest in South Africa’s leading property market and have the benefit of enjoying a relaxed coastal lifestyle.
About Zululami Luxury Coastal Estate
Situated 200m away from one of KZN’s most prestigious beaches is Zululami Luxury Coastal Estate. The family-focused estate caters to the outdoor-loving North Coast community with revitalised dams and wetlands, a forest pavilion, wetland clubhouse, various other amenities and direct beach access. Aura, nestled within Zululami, is an ideal lock-up-and-go solution for investors, with two and three-bedroom apartments from R2.029 million. Details: zululamiestate.co.za; [email protected]; 086-176-4847.