08 Jan Zimbali, an estate trail-blazer Part 1
As real estate taste-makers, Zimbali is now a highly-acclaimed, award-winning brand that has attracted, and continues to attract buyers from beyond KZN’s borders. The real estate market, especially in gated residential estates, is ever-changing and is driven by the push and pull of the market’s demands.
The Zimbali brand has remained agile enough to rise to the occasion to bring residential estate living that resonates with several sectors of the market. The latest evolution of the Zimbali brand is seen in Zimbali Lakes Resort, a mixed-use development geared for a multitude of life stages and lifestyles from retirement living to lock-up-and-go apartments to luxurious bespoke freestanding homes.
Zimbali has long been at the forefront of residential estate trends. With trends being in constant flux, developers need to possess future vision to not only give the market what it demands, but also show the market what is possible.
Sectional Title Opportunities
The desire for sectional title opportunities has become increasingly popular. Whether driven by global down-scaling and a ‘less is more’ approach, of driven by the strength of property as an investment class, developers are now seeing the value in offering sectional title opportunities within a larger estate. Part of what appeals to the buyers who buys to live in a sectional title home, is the access to work and essential amenities.
Many people want to pour their capital into an appreciating asset-something that grows in value over time. Although a fairly volatile market at times, property is still the number 1 asset class in South Africa. If invested in the right place at the right time for the right price, an investor can make huge gains on their purchase of a sectional title unit. 2018 stats show that, in terms of value growth and price inflation, sectional title opportunities come out stronger than freehold land. Furthermore, stats show that the sweet spot for investors is in a 2-bedroom or smaller configuration. Boulevard Suites, within Zimbali Lakes Resort, offers the choice of studio and 2-bedroom apartments within the estate itself, and also located within the retail and commercial hub of Zimbali Lakes Resort.