SINGLE LEVEL HOMES IN A NEW OFF-PLAN DEVELOPMENT

Description

**NO TRANSFER DUTY PAYABLE** Lalela Coastal Estate is a brand-new, ultra-modern property that embodies peace and tranquillity. In the centre of luxury, location, and lifestyle, with lots of opportunity. Yes, Lalela Coastal Estate allows you to have it all. Construct a home with indisputable style and distinction. Items that are environmentally friendly include residences that are inverter-ready, gas geysers, and gas stoves. The natural beauty of Lalela is abundant, from the wetlands and rolling green hills to the dense coastal forest. Plants, animals, and birds abound in the wetlands and natural biomes, creating a symphony of life at every turn. Sheffield Beach is a popular North Coast suburb offering tranquil luxury coastal living with unspoilt beaches and exceptional ocean views. Sheffield Beach has attracted those families semi-grating from Gauteng and local KZN residents looking to enjoy the value the area provides. The suburb consists of 1,193 freehold homes and 766 sectional title units – a total of 1,959 properties. Over the past two years, the top three highest prices achieved in the suburb were R21m, R17m and R16m for 111 Colwyn Drive, 29 Sheffield Drive and 105 Colwyn Drive respectively. On the other side of the spectrum, a Sheffield Manor unit traded at R700,000 measuring 52 sqm. This period from 1 Jan 2020 delivered 488 sales to the value of R1,155,730,111 which meets our criteria for a booming suburb. Of these sales, 206 were sectional title units with a total value of R424,507, 057 and an average price of R2,060,714. The freehold stock delivered 282 sales to the value of R731,223,054 at an average price of R2,592,990. A surge of sales within Zululami Luxury Coastal Estate and Elaleni Coastal Estate were accounted for over this period and are two examples of new emerging estates within the Sheffield Beach suburb. Points of Interest: All Souls Anglican Church 2.08km Umhlali Methodist Chuch 2.73km Umhlali Primary School 2.63km Tinley Manor Primary School 2.76km Salt Rock Veterinary Clinic 4.62km Simbithi Country Club 5.53km Holla Trails 6.58km Food and Entertainment Steers DinerB7.30km

Features

New Development

Yes

24 Hour Access

Yes

Security Estate

Yes

Single Storey

Yes

Residential

Yes

Open Plan

Yes

Architect Designed

Yes

Modern

Yes

Gated Community

Yes

Garden

Yes