The post-pandemic trend of living that holiday lifestyle now continues to inspire buyers who are prioritising happiness and well-being. The coast remains a popular location but the high property prices often make this an unrealistic possibility. On the KZN Mid-South Coast, where large-scale developments are unlocking the region’s property potential, discerning investors are getting in early.
In a recent report by Pam Golding Properties, the entity notes: “The continued relative affordability and value for money of homes on the South Coast of KwaZulu-Natal, coupled with the appealing lifestyle offering and year-round climate, suggests that this region will continue to attract new residents and homeowners from all walks of life and of varying age groups.”
Barto van der Merwe, MD of Renishaw Coastal Precinct, said the region’s economic potential is finally being realised: “The KZN Mid-South Coast has absolutely all the offerings of more established KZN coastal regions, it’s just taken a little longer for these to be uncovered. With large-scale developments attracting international investment, this economic potential is finally being unearthed, and we’re going to see a rise in property demand over the coming years.”
As with other KZN coastal spots, the KZN Mid-South Coast has a year-round subtropical climate with warm summers and temperate winters. In addition, the KZN Mid-South Coast boasts the highest number of Blue Flag Beaches in the province, an international standard for safety, water quality, and education. The region is home to three Marine Protected Areas vital for the survival of marine ecosystems, two of which – Aliwal Shoal and Protea Banks – are also among the world’s best dive sites. Endless nature reserves, 11 golf courses, nature trails, farm-based activities, extreme adventures, hinterland excursions, and more make this an ideal space to live.
Several big developments are unfolding on the KZN Mid-South Coast, among them Serenity Hills, Bahari Bay, and Renishaw Coastal Precinct – one of the biggest such developments in the country. This 1 300-hectare precinct was one of those singled out by President Cyril Ramaphosa at the 5th South African Investment Conference (SAIC) for pledging R500m towards the President’s R1.2bn investment target. In addition to its successful first phase, Renishaw Hills – the mature lifestyle estate where homes have already escalated in value by 50% in five years – there are significant investment opportunities in the mixed-use site. These include a hospital, a school, and the first two medium-density residential sites, among many others. Beyond property, investment opportunities in agri-tourism, the ocean economy, manufacture, logistics, and more are being packaged throughout the KZN Mid-South Coast.
The KZN Mid-South Coast is located just 40 minutes from Durban, with easy access to King Shaka International Airport via the N2. There is also the recently revamped Margate Airport with flights to Johannesburg six days a week. The region is also home to prominent coastal towns such as Scottburgh and Port Shepstone with access to key business-driving services including the major banks and government departments.
Renishaw Coastal Precinct offers significant investment opportunities, with the first two residential sites of Node 1 now ready for development – both of which are ideal locations for secure eco-estates. Investors looking to get in early can visit www.renishaw.co.za or call Barto van der Merwe on 087 135 5555.