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Issue 44: October 2009 |
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| Foreword with Mark Taylor |
This month saw a round of breakfasts being hosted with key stakeholders in the province, including both Mayors of Ilembe and KwaDukuza, to share the vision of the eLan Foundation. A section 21, non profit organisation, this arm of the eLan Group will focus on harnessing the potential that exists out of our critical mass developments. By mobilizing the private sector to work with us, we aim to significantly improve the lives of the communities surrounding our developments. Two key areas that we are focusing on already include the Shakashead rural settlement adjacent to Simbithi and the communities on Blythedale Coastal Resort.
Furthermore, as title sponsors of the South African Rugby Legends, we are about to kick start a campaign that will involve 40 high schools in South Africa to work together in raising awareness and funding to plough back into the Legacy Parks Programme - an initiative which sees rural sports development at grassroots level.
The Group has diversified its portfolio to two new area's; the first is the initiation of a Commercial Industrial Division, and the second, is a focus on low, medium affordable housing on the North Coast. This is in response to a great demand that exists for this type of accommodation where in particular, the North Coast will see 100 000 new residents as a result of the opening of the King Shaka International Airport! For a District Municipality, the baseline for growth is around 2% to 3%, where we are seeing up to 15% growth in some areas. The unprecedented growth has seen 30 year municipal master plans squashed down to five years to accommodate activity!
Contact terribaxter@elan.co.za for more
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R22 Million sold & R28 Million reserved at Blythedale
Coastal Resort this month! |
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There has been a definite renewed interest at BCR, predominantly from the local market of which R22 million worth of single residential sites were sold. In addition to this, developer interest of R28 700 000 has also been reserved. With Blythedale planted firmly in the middle of the Golden Corridor between Durban and Richards Bay, properties on the coast are being snapped up as investment opportunities as the construction of the airport draws to a close.
Click to View Interactive Sitemap |
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Property education module chapter 1 - FREE to members
of the eLan Investor Club |
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We would like to share our property investment insights with you and have compiled a Property Education Module. The module comprises of 9 Chapters and we will be launching a chapter per newsletter. We start this month with "South African Acts and Taxes"
Download Printable Version |
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| Blythedale Hotel at planning stage |
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| The 4 star Resort Hotel planned to be managed by Signature Life is at planning stage and we intend to launch off plan this December. Comprising initially of 40 3-bedroomed villa's with 50 2-bedroomed hotel suites, the main hotel will include large conferencing facilities with a gym, two restaurants, pools and a water theme park. A further 40 3-bed villa's come in phase two with the Hotel resulting in a total of 600 rooms on completion. Due to be built in the last quarter of 2011, purchase options will include Sectional Title Hotel Villa's and Suites which will allow owners the opportunity of annuity income through a managed rental pool. |
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| FOR SALE - Prime apartments & home packages within Simbithi Eco Estate |
The dedicated sales arm of Simbithi, Simbithi Real Estate deals in both developer sales and
resales of land, apartments, homes and home packages. |
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TAMBOTI LOFTS
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Duplex Size: 208m²
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| 3 bedroom, 2 bathroom duplex, open plan lounge, kitchen, dining room
2 Single Lock-up garages |
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LALAPANZI
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Duplex Size: 212m²
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| 3 bedroom, 2 and a half bathroom, open plan lounge, dining room, kitchen.
Double Lock-up garage.
Overlooking Fish Eagle Dam |
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HOUSE TAYLOR - 306 SIMBITHI
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Duplex Size: 500m²
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| Tucked away in the Coastal Forest, this home has magnificent views into the canopy of trees that form a quiet shelter for nature lovers. With open plan living accentuated by exposed trusses, sky lighting and large decked areas, the home makes way for easy entertainment. |
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| Property upswing on the North Coast noted |
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Relaxed lending criteria and a stronger rand should assist the ailing South African property market in making a turn for the better and this should motivate the mid-level buyer and investor to enter the market once more.
Major Banks lending on deals up to R1.5 million
Standard Bank 100%
First National Bank Up to 95%
ABSA Up to 90%
Furthermore, Nedbank are looking at salaried clients up to 100% up to purchase price of R3 million and FNB are looking at up to 100% on purchases up to R2 million.
View Video
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| eLan Commercial & Industrial |
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Initially focusing on internal products, eLan Commercial and Industrial is now looking at two large sites north of the new Airport in Ballito and Stanger. Both are currently going through the rezoning process. eLan Commercial Industrial will also act as a Competitive Commercial Brokerage bringing external commercial opportunities to our members.
For further details contact John Coburn (083 775 8405) or
Warren Coburn (083 629 4449)
eLan Commerical Industrial is due to officially launch in Nov 09.
Please click here if you would like to be invited to the Launch in Ballito |
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| Simbithi security |
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With security concerns a significant factor for any family purchasing in a new area, Simbithi Eco-Estate is renowned for its uncompromising attitude when it comes to protecting its residents. With six gates manned 24 hours a day, and a perimeter fence of over 13km long, the control room at Simbithi is a state of the art 'eye' for the entire Estate. All gates are CCTV monitored and the perimeter electric fence is monitored by radio alarm identified into individual zones with an anti digging device rooted in specific areas. The fence is patrolled 24 hours a day by foot and vehicle patrols and residents are access controlled at each gate. Guards have photograph identification of each resident to further ensure the actual resident is accessing the Estate.
"Because we are an Eco Estate, we do not subscribe to fences and high security measures around individual homes which makes the security of the Estate as a whole, of utmost importance to us" Steve van Greunen, Estate Manager |
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| On an end note... |
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The new home for eLan, The Centenary New Town Centre, Gateway
Office space still available from R130 per mē ex VAT and incl parking.
R 157 722 997.57... the total sales value on Simbithi Eco-Estate for 2009
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| SIMBITHI ECO ESTATE |
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Land from R595 000 |
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Apartments from R840 000 |
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Homes from R2 950 000 |
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Development sites R10 355 000 |
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| BLYTHEDALE COASTAL RESORT |
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Land from R720 000 |
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Apartments from R2 570 000 |
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Development sites R5 970 395 |
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| THE CENTENARY |
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Offices from 130per m2 ex VAT & incl parking |
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| THE WORXZONE |
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Offices from R499 000 ex VAT |
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Ryan Kankowski and the Spirit of eLan on Top Billing |
Two weeks back one of eLan's Springbok Brand Ambassadors, Ryan Kankowski, was featured on SABC 3's Top Billing. This was all done on board the Spirit of eLan catamaran and provided a wonderful opportunity for Ryan to be interviewed within a luxurious and peaceful setting, with the Durban beachfront as a backdrop.
The Spirit of eLan is available over the festive season for corporate functions, Christmas parties and birthdays.
For booking information contact
Yvonne McCormack on 031 576 9600 | yvonne@elan.co.za |
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