Expanding development on KZN South Coast shows local property boom
Submitted by: Olivia Jones Communications Save to Instapaper
The cut in the repo rate by 25 basis points, government’s R940 billion commitment to infrastructure development, and the country’s overall positive sentiment shift bode well for the 2025 property market. On the KZN South Coast, the recent launch of Phase 7 of Renishaw Hills underpins this renewed investor confidence, with buyers drawn to both the coastal setting and proven return on investment.
“Our initial investors saw property values increase by 60%, a trajectory which has continued as the quality lifestyle offerings and incredible value for money are realised,” explained Barto van der Merwe, MD of Renishaw Property Developments. “We believe the positive investor sentiment will be reflected in the latest phase of Renishaw Hills, which is already attracting interest.”
As a subsidiary of JSE-listed Crookes Brothers Limited, Renishaw Property Developments is spearheading the transformation of the 1 300-hectare Renishaw Coastal Precinct - with only 20% allocated for development, ensuring the region’s natural beauty and biodiversity are preserved.
The impact of Renishaw Hills has not gone unnoticed. At the 5th South African Investment Conference (SAIC), President Cyril Ramaphosa recognised the development for its role in boosting investor confidence and contributing to national economic growth.
Further reinforcing the area’s development potential, major sales within Renishaw Coastal Precinct have recently been finalised, including the sale of a petrol filling station to local business owners, Hampsons; and the shopping centre to Cubisol Property Fund. These transactions indicate the growing demand for commercial and residential investments in the region.
The launch of Renishaw Hills’ Phase 7 gives investors a limited opportunity to secure freestanding homes and maisonettes in this sought-after estate - with pre-sale discounts of up to R200 000 available to early buyers.
- 2-bedroom, 2-bathroom maisonettes: From R2.37m (pre-sale discount)
- 2-bedroom, 2-bathroom freestanding homes: From R2.94m (pre-sale discount)
- 3-bedroom, 2-bathroom freestanding homes: From R2.84 (RTO option)
- 3-bedroom, 3-bathroom freestanding homes: From R3.78m (pre-sale discount)
Buyers of Phase 7 have the benefit of buying off-plan, customising specifications and finishes, with sea and valley views available in this latest phase. Each unit comes equipped with premium SMEG appliances, Hansgrohe fittings, solar geysers, inverters, and prepaid electricity meters to enhance both sustainability and luxury.
Renishaw Hills is more than just a development, it’s a lifestyle destination that offers:
- Affordable levies covering exterior maintenance, garden services, refuse collection, postal services, fibre optic WiFi, 24/7 security, and healthcare options.
- Exceptional amenities, including over 20 active clubs, communal facilities, and a brand-new bowls green under construction.
- Water security, with an independent water supply ensuring uninterrupted access for residents.
- The area is renowned for its incredible nature assets such as superb beaches - Blue Flag beaches among them – as well as lush coastal forests with extensive mountain biking and hiking trails.
Get in touch!
Far from being just a retirement village, Renishaw Hills in Scottburgh on the KZN South Coast is a premier mature lifestyle estate for individuals over 50, offering a vibrant, active lifestyle. For more details about Renishaw Hills or to arrange a tour, contact Kelly at 064 198 2693, email sales@renishawhills.co.za, or visit www.renishawhills.co.za.
Submitted on behalf of
- Company: Olivia Jones Communications
- Contact #: 0824813288
Press Release Submitted By
- Agency/PR Company: Olivia Jones Communications
- Contact person: Agnes Matladi
- Contact #: 0824813288
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