The rapid sales rate experienced within developments introduced into Sibaya, indicates how this node is perceived as an investment; whether in property or in the high-quality lifestyle.
Having been carefully planned, the goal for the Sibaya Coastal Precinct is to deliver approximately 12 000 residential homes, ranging from freestanding opportunities, apartment offerings, luxury penthouse suites to retirement units. This is not to mention the amenities set for this node, including a private school and university, medical suites, a sports complex, retail outlets, restaurants, offices and commercial activity.
Proximity to surrounding areas
There is no doubt that the Sibaya positioning is favourable, as the movement towards convenience and accessible living is a priority for investors and homeowners alike. The Sibaya node is a quick 5-minute drive to Umhlanga or the beach, and a 15-minute drive to King Shaka International Airport. Additionally, Sibaya will have its own set of area amenities, linked by the Heleza Boulevard, which will make getting around effortless. As an investment, this precinct ticks all the boxes when it comes to modern, central living.
Capital appreciation
With an unprecedented sales record, reaching into the billions, since the launch of the first development that has entered this Precinct, the property values have grown. Those who had purchased within earlier developments 3 years ago, such as OceanDune Sibaya and Pebble Beach Sibaya, have seen as much as 30% – 40% capital appreciation from securing their unit to the subsequent transfer.
Rental yield
The Sibaya Coastal Precinct offers you the opportunity to watch your capital grow. Purchasers are earning an income from short and long-term letting through residential and commercial property. The Set-up, which is a turnkey furnishing solution for investors who are looking to showcase their property to its full potential, reports that 80% of their customers in the Sibaya Coastal Precinct are investors looking to rent out their property or use their property as an Airbnb solution.
Investment into South Africa is a vital focus on building our current economy. What better way to invest in South Africa, then in prime locations and exceptional estate offerings? Register your interest to learn more about investment opportunities within the Sibaya Coastal Precinct.
