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| Foreword... Mark Taylor |
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I get approached quite regularly by other developers who wish to market their developments through the Investor Club. Whilst we maintain excellent relationships and wish to support all development initiatives in South Africa to further grow our industry, fundamentally marketing stock that is not an eLan specific product goes against the core principle of the eLan Investor Club… That is, to offer you stock, direct from the developer, without unnecessary marked up costs. We take land in it’s raw form, take it through its re-zoning and re-planning processes and then after a number of years of careful research and planning, bring the finished product to you, the property investor, at a very competitive rate.
Furthermore, we only bring you eLan specific developments, and that is because we know it is a credible product. I have a highly competent team of professionals working for the Group, and each of our products have not only delivered substantial returns for the investors, but also sustained longevity in the environment and market place. So rest assured - the only time a development is exposed to you through the eLan Investor Club, is a development that eLan either owns wholly, or has a substantial equity stake in. If we think it’s a product worth investing in and are prepared to invest the future of our company on it, then it sure will be worthwhile for you... And as we like to say... “We’ll go there and do it, you however, will get to wear the T-Shirt!”
We have some excellent products coming to the market this month and for the duration of this year! This month we launch the last phase of Ethafeni, next month we launch Simbithi Hotel Golf and Spa and the month thereafter we plan to launch Royal Jozini. At each of these launches you will benefit – either through pre-launch notification, or through a tidy discount, depending on your membership status. So if you are not already a Platinum Member, sign up now! There is a window period of 30 days before you can benefit from discounts. So don’t leave it too late...
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| R150 per month membership |
| 4 weeks prior to launch notification |
| Discounts at launch |
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| Free Membership |
| 2 weeks prior to launch notification |
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And lastly, King Shaka Airport…. Under good authority we have been advised that the airport is going to go forth amidst the tide of speculation. We eagerly await the breaking of ground as we know the positive impact this is going to have on all of us who have invested in property on the North Coast. And if you have not as yet, it’s definitely not too late... Check out our offers this month and go to our website - www.elan.co.za. There are still lots of propertunties waiting to be taken advantage of!
Warm regards,
Mark Taylor
CEO The eLan Group |
| Ethafeni Block D Launch |
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 With the first 3 phases of Ethafeni literally selling overnight, the developers (a dynamic joint venture between eLan, WBHO and Bellandia) have brought an incredibly exciting concept to you, our Investor Club Members, with the launch of the very last phase of stock… |
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| Platinum Members |
R25 000 discount plus 3 years FREE Golf Membership |
| Gold Members |
R10 000 discount plus 2 years FREE Golf Membership |
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Prices from R795 000 to R1.390 million |
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Design concept allows for large entertainment patios and balconies |
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Swimming pool as well as access to all of the facilities on Simbithi Eco Estate |
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Modern yet spacious |
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Studio, loft and 1, 2 and 3 bedroom apartments |
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| Ground Floor Table of Prices |
| Unit No |
Parking |
Type |
Unit size |
Balcony size |
Total size |
Levy |
Price |
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| 101 |
1 |
1 Bedroom |
53m² |
22m² |
89m² |
R534 |
R855 000 |
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| 102 |
1 |
1 Bedroom |
53m² |
11m² |
78m² |
R468 |
R795 000 |
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| 103 |
1 |
1 Bedroom |
53m² |
22m² |
89m² |
R534 |
R850 000 |
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| 104 |
1 |
1 Bedroom |
53m² |
11m² |
78m² |
R468 |
R795 000 |
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| 105 |
2 |
2 Bedroom |
79m² |
25m² |
132m² |
R792 |
R1 100 000 |
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| 106 |
1 |
1 Bedroom |
53m² |
22m² |
89m² |
R534 |
R850 000 |
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| 107 |
1 |
1 Bedroom |
53m² |
11m² |
78m² |
R468 |
R800 000 |
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| First Floor Table of Prices |
| Unit No |
Parking |
Type |
Unit size |
Balcony size |
Total size |
Levy |
Price |
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| 201 |
1 |
1 Bedroom Loft |
83m² |
9m² |
106m² |
R636 |
R895 000 |
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| 202 |
1 |
1 Bedroom Loft |
94m² |
9m² |
117m² |
R702 |
R955 000 |
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| 203 |
1 |
1 Bedroom Loft |
89m² |
15m² |
118m² |
R708 |
R990 000 |
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| 204 |
1 |
3 Bedroom Loft |
127m² |
15m² |
156m² |
R936 |
R1 390 000 |
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| 205 |
1 |
1 Bedroom Loft |
89m² |
9m² |
112m² |
R672 |
R955 000 |
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| 206 |
1 |
1 Bedroom Loft |
94m² |
15m² |
123m² |
R738 |
R990 000 |
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| 207 |
1 |
1 Bedroom Loft |
83m² |
9m² |
106m² |
R636 |
R895 000 |
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| OFFER VALID UNTIL 31 MAY CALL NOW! |
| Sales Contacts |
| Andrew Thompson |
082 858 1196 |
| Ed Frank |
084 600 7093 |
| Alan Coetzer |
082 508 7921 |
| Willie Barnard |
082 966 4069 |
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| The long awaited Hotel Room Investment concept is soon to launch… |
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 The concept of a Hotel Room Investment allows the purchaser to buy a fully managed and secure sectional title room within the hotel. The purchaser becomes a one 25th owner of the hotel while the hotel is managed by an independent professional hotel management company (Three Cities Hospitality Group). All operational and maintenance costs are covered by the operational income (i.e. rates, services, utilities, etc) and the hotel's trading profit is calculated by deducting these operational costs from the total turnover. The profit is distributed amongst the owners of the hotel on a participation quotient (PQ) basis each month.
A purchase into one of these hotel rooms will buy you a 121m² unit which comprises of two inter-leading hotel rooms. Each room can be let out individually as 2 double rooms or can be combined to form a family suite. This added flexibility in the design allows for increased room rental opportunities.
The great thing is while returns are conservative for the first couple of years, the rack rate and room occupancy continue to increase while your bond repayments remain constant. At turning point, you start to make a tidy profit off the hotel room each month. So, if you can afford to subsidise the shortfall for the first couple of months, as soon as the scales tip, you start earning off the hotel room every single month. Building yourself a rental income for life… now that’s financial freedom!
“The important factor about a successful Hotel Room Investment is the management of the Hotel. The higher you can drive your occupancies, the higher the profits of the Hotel, and the greater your return. We have calculated this breakeven point very carefully and are confident we have brought a sound product to the market that is not only priced well, but will deliver substantial returns for our investors for many years to come!”
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| Peter Taylor, COO The eLan Group |
Why Simbithi Boutique Hotel? - We have conducted detailed competitor analyses on the average room occupancy on the Dolphin Coast. Ballito is a well established holiday town, therefore owning a share within a hotel in an area that sees the highest volumes of tourists over peak season is a win!
The hotel not only offers security, a wellness centre and a golf course, but also a 120-seat conference facility. As an owner of this hotel, conference facilities are a very viable economic venture in that they provide increased room occupancies over the mid week periods. You can therefore anticipate demand during the week (corporate and conference delegates) as well as demand over the weekends (holiday and leisure seekers).
Sign up as a Platinum Member now to benefit from the launch offer at Simbithi Hotel Golf and Spa. For just R150 a month, you stand to reap some big financial rewards when we launch next month…
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Please note you need to upgrade your membership to Platinum status before the 25th May 2007 in order to qualify for the launch special at Simbithi Hotel, Golf and Spa. |
| Royal Jozini – Lead up to Launch! |
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Royal Jozini incorporates 25 000 hectares on the northernmost section of Jozini Dam in Swaziland, with the Lubombo Mountains forming the Eastern border. It is 24km long and 7km wide, with 15 000 hectares falling within the Big 5 portion of the Reserve, and 10 000 hectares within the Nature Reserve portion. Currently, one has to pass through the Golela Gate at the South Africa / Swaziland border in order to access the site, however this border gate is due to be opened as a 24-hour gate, with a single-stamp entry. Furthermore, with the formation of the Transfrontier Park, Royal Jozini will form part of an international zone, and require no passport stamp, provided entry and exit is from the same country, i.e. South Africa.
Five hours drive from Gauteng and three from Durban, the site is conveniently accessible to its primary markets. It is also within easy reach of Maputo, Richard’s Bay, Mkuzi, The Elephant Coast and is only 45 minutes from the new Sikhuphe International Airport which is due to open before 2010.
Nature of the development - Royal Jozini is a low risk Malaria area, and what draws one inextricably to the land is the package of natural amenities, the diversity of adjacent communities, the magnificent Lake Jozini, the beautiful, ever changing shades of the Lubombo Mountains (which are an average of 2 000 feet high), the numerous archaeological sites and myriad of palaeontology, grasses, trees and the creatures that make up its ecology. With spectacular birding sites, Royal Jozini is a prolific bird watching area with 450 species occurring naturally in the area (380 have been recorded on-site). Furthermore the water is patrolled by hippos and crocs. There are over 19 species of fish in the Lake, including the Tigerfish (hydrocynus vittatus); the scientific name meaning “striped water dog” – arguably the best freshwater fighting fish in the world! Its vivid colours, large, protruding teeth and lateral body stripes make it easy to distinguish from any other species. Tigers are caught year-round, although the best months are March, April, May and August to the end of November.
Lake Jozini has the stunning setting of wild bushveld and craggy mountains. With the flood plains on the Eastern shores, this makes for wonderful game viewing opportunities by boat. The natural vegetation supports this with its open Savannahs, Fever Tree Riverine Areas and thick Zululand Bushveld. The carrying capacity of the land is excellent and the introduction of game will start happening as soon as the fences are dropped in the latter part of 2007.
Mountain Lodges - 200 Mountain Lodge Sites are situated in a ribbon development along the escarpment of the Lubombo Mountains. Each site will be 2 hectares (20 000 m²) in extent with each house set at least 100m apart. This maximizes privacy and allows for free passage of animals between the sites. 104 Mountain Lodges will run through the Nature Reserve with magnificent views over the lake and a limited 94 sites will be situated in the Big 5 Game Reserve overlooking the vast wilderness. One would purchase a Mountain Site for views and isolation and to feel like you’re living in your own private game reserve. |
Bush Camps - Include clusters of SR (Single Residential) sites, each with their own central recreational area, boma and communal swimming pool. There are a total of 320 Bush Camp Sites and each site will be 4 000m² in extent, which would set each house 30m to 40m apart. These small, private enclaves will be set in the lush Nature Reserve. Ideally suited for families, each bush camp will be assured of individual privacy as dense bushveld forms natural enclosures.
Waterfront Lodges - There are 80 sites situated along the waters edge, on the Eastern side of Lake Jozini (the Western side forms part of the flood plain and no development has been planned there in respect of this). With only 20 units per kilometre, each SR site will enjoy 50m of water frontage. Here, privileged investors will be assured of enjoying endless sunsets and uninterrupted views of Lake Jozini as hippos, crocs, fish eagles and an endless array of aquatic birds compete for their place in the sub-tropical wonderland.
Luxury Hotel - The luxury hotel, wellness spa and boating marina will be situated on the Eastern shore of Lake Jozini providing moorings for charter fishing boats as well as private moorings.
With unequalled sunsets over the lake, the 100-room hotel will offer its guests an unforgettable experience in the African wilderness.
Golf Course - A Golf Course of value - An 18-Hole Peter Matkovitch designed Golf Course, with Tim Clark, one of the top 20 golfers in the world, appointed as the Royal Jozini associate professional golfer. With 200 Golf Lodge sites (each SR), the course will bear the hallmarks of a Peter Matkovitch design, offering balance, variety and flexibility with the highest international standards and championship playing surfaces. The magnificent setting of bushveld, lake and mountain will make it one of the most dramatic courses in Africa and possibly the world. Designed within the significant migration corridor for those animals of the Big 5 and linking the Transfrontier Park, a whole new dynamic is added to the game as one faces the possibility of chipping onto a green only to share the space with a hippo grazing on the short, freshly cut grass. This is what golf in Africa is all about!
So, in the last few weeks leading up to launch, be sure to WATCH THIS SPACE.
And if you’re not already a Platinum Member, be sure to sign up NOW in order to benefit from the substantial discounts at launch! |
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| Ernie pledges his support on Blythedale |
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Ernie Els has confirmed that his designer, Greg Letsche, will be coming out to Blythedale Coastal Resort in July to commence the preliminary Golf Course design plans!
Ernie Els is one of the most successful golfers in the history of the game, having won almost 60 professional tournaments in the last 15 years, including two US Opens and an Open Championship, and a record six World Matchplay titles.
We look forward to the Els Team’s involvement in developing Blythedale Golf and will keep you updated regularly on our progress. |
| More Foreigners favouring KZN |
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Nine percent of all home loans granted by First National Bank within the KwaZulu Natal province were made to foreigners. This is almost double that of the bank’s national figure of five percent. Furthermore, KZN’s R900 000 to R2,5m market had enjoyed an upward spike during the first quarter. Input from property professionals shows a significant increase in confidence over the last quarter of last year, encouraged by interest rates remaining unchanged in February. The barometer reports the highest activity levels in almost two years!
Market sentiment is optimistic with consumers appearing more relaxed over the interest rate situation. One in five sales in the first quarter involved first time buyers.
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| Blythedale Buyer’s Demand – 51 NEW stands released |
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 The increasing demand for coastal land and shortage of stock in Phase 1 of Blythedale has led to a stimulating opportunity... 2 sites which were originally marked for medium development have been subdivided into 51 Freehold Sites. These stands average 1000m² and start at R770 000. All have beautiful dam views and are located within the Forest Section of Blythedale Coastal Resort.
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| Sales Contacts |
| Andrew Thompson |
082 858 1196 |
| Greg Taylor |
082 577 1022 |
| Dylan Jackson |
079 514 8392 |
| Peter Cameron |
083 796 9999 |
| Brenda Johnston |
083 630 9006 |
| Décor8 – The Style & Décor Centre |
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 A brainchild of Greg Taylor, the initiative of the Style & Décor Centre came about with the influx of 40 000 new homes being built on the North Coast. The concept is a décor warehouse where one has the ability to shop for building materials, lifestyle supplies and interior decorating ware, all under one roof, becoming the home buyer's ‘place to shop’ – a perfect framework for setting up your new home!
Conveniently situated in Ballito behind the Lifestyle Centre, Décor8 enjoys excellent frontage and easy access from the new M4 Highway.
The classy yet simple, effective design of the modern warehouse (designed by leading architect Mike Todd) allows for lower and upper level exhibition studio’s centred around a coffee shop stop.
Water features and foliage makes for a family friendly shopping experience. As a supplier of a product within the home market, you should seriously consider space within this funky and contemporary design warehouse. It is a great way for any size business to increase their existing markets. With access to a host of reputable suppliers all under one roof, the market penetration becomes much higher for each individual stall holder.
| Lower Level includes: 55 Units 3m x 3m, 4 Units 4m x 4m and 4 Units 6m x 6m. |
| Upper Level includes: 76 Units 3m x 3m, 4 Units 4m x 4m. |
| Pricing |
| 3m x 3m |
R3 000 p/month |
| 4m x 4m |
R4 000 p/month |
| 6m x 6m |
R10 000 p/month |
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| Sales Contacts |
| Andrew Thompson |
082 858 1196 |
| Greg Taylor |
082 577 1022 |
| Blythedale after the tides,
with Peter Coulon
(Conservation Manager, The eLan Group)
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Natural landscapes have the ability to tolerate natural disasters, however natural disasters cause havoc when man has developed, intruded and disturbed the natural landscape. On our beautiful coastline, when development impacts the shoreline close to the high-water mark, it is only a matter of time before unusually large tides cause destruction, as was recently experienced in KZN.
With development right on the shoreline, the natural sand dunes and associated vegetation are often damaged and in some cases removed, therefore the natural stabilising of the shoreline is altered. Dunes act as a protector of land from heavy storm damage, salt spray, sand being blown inland and even rising sea levels.
At Blythedale Coastal Resort the natural coastal vegetation is totally intact and healthy and was therefore unaffected by the rough seas experienced recently. Maintaining minimum impact, the eLan Group will ensure that during the development of Blythedale Coastal Resort, this fragile piece of coastal vegetation is not damaged whatsoever so that it can continue to act as a vital protector to the land beyond the dunes.
Through intense Environmental Impact Assessments and after careful environmental sustainability planning, Blythedale Coastal Resort will be developed on old crop lands (which are considered alien vegetation and harmful to the environment). All natural areas will be left untouched and in some cases, even rehabilitated to further grow the conservation belts on the 1000 hectare estate.
The natural resources that exist on Blythedale are viewed as the very heart of Blythedale Coastal Resort! |
| The Centenary |
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 When we launched The Centenary (a sectional title office block with 13 000m² of gross lettable area), we experienced some healthy sales (46 offices were sold). However, the feedback coming in from the market was very much about a sense of identity. While the business world gets bigger, better and faster every day, companies are still looking for their sense of individuality; their uniqueness. After extensive market research and careful planning with our development partners, we will be compartmentalising The Centenary and creating 4 new separate office blocks.
This will allow for a sense of place and a sense of space, as well as individualisation. These smaller opportunities will allow for a phased approach, and this has been received with much warmth and renewed interest. The Centenary is therefore being renewed and will be re-launched according to the new set of designs! Another positive aspect is that all of the original sales are being honoured at the original purchase price (even though the value of the land has appreciated quite substantially since launch).
As The Centenary is the last commercial space in the New Town precinct at Gateway, this venture is one that holds much value! So watch this space, there is more to come…
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| eLan Sales Team increases |
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| We welcome 4 new members to the eLan Sales Team. |
| Brian McPherson |
Kwazulu Natal |
079 212 5097 |
| Julia Westbrook |
Kwazulu Natal |
079 212 5097 |
| Simon d’Aubrey |
Kwazulu Natal |
083 776 6975 |
| Thuli Sithole |
Guateng |
082 567 2323 |
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