select
|

New retirement village in uMhlanga in huge demand due to short supply

With its sub-tropical climate, beautiful beaches, warm sea and quality of life, people have always been drawn to the KwaZulu-Natal coastline and still are - and retirees are no exception. 



As the burgeoning Northern coastal belt of the province continues to experience unprecedented growth, so we are finding that people are choosing to retire in this highly desirable area, says Carol Reynolds, Pam Golding Properties area principal in Durban, Durban North, La Lucia and uMhlanga.

Umhlanga is growing at a rapid rate with the area stretching from Durban North to Umdloti indeed the latest hot-spot along the coast. There’s been a resurgence of developers moving back into the area, and we are inundated with development proposals.”

She says one such development that has generated a wealth of interest is Oasis Retirement Estate. This development is situated in uMhlanga just a few kilometres from the uMhlanga hospital and the new Gateway hospital, Gateway shopping centre, top-class hotels, the Umhlanga Village with its abundance of restaurants, coffee shops and boutiques, and of course, the beautiful promenade and beach.

“There are very few options available for retirees and those with frail care facilities are even more difficult to find, hence the demand for Oasis which offers 24 hour frail care, stepless living, 24 hour security and a community centre with small restaurant and swimming pool.



“The lifestyle offering is difficult to beat, given that uMhlanga is the most centrally situated and popular village in the coastal belt.”

The pet-friendly, freestanding homes at Oasis start at R1.55 million and studios, one, two and three bedroom options are available. There is also secure parking for owners and visitors.

Adds Reynolds: “With only 44 units available, due to the high demand we have already been reserving units prior to the official launch this month (August 2015).”


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 20 Jun 2018
      Buying or selling real estate isn’t as easy as it is portrayed sometimes, especially if there is a death of a party during the transaction which can make it awkward, tricky and inconvenient.
    • 20 Jun 2018
      With interest rates remaining at historic lows and banks continuing to compete for mortgage finance business, first-time buyers with funds at their disposal are currently well-placed to gain that initial foothold on the property ladder, particularly in the light of the slightly lower growth rates currently experienced in residential property values.
    • 20 Jun 2018
      The average size of bond granted in SA has grown 7,7% in the past 12 months to R934 000, according to BetterBond, the country’s biggest bond originator.
    • 19 Jun 2018
      In the current market, letting out a property can be a good option as rental demand remains strong, especially in the northern suburbs of Johannesburg. This is according to Chris Renecle, MD of Renprop. However he says that before homeowners let their property out, there are five key points they should make sure are covered before they market the property for rent and sign any lease agreements.
    • 19 Jun 2018
      The Capetonian dream is to live by the ocean with the iconic mountain making an appearance somewhere in the horizon. But, that dream comes with a hefty price tag that many simply cannot afford. But, should you venture some kilometres out of the city centre, entirely new realms of beachside bliss await you …
    • 19 Jun 2018
      Douw Steyn, one of the richest men in the country, recently allowed a rare glimpse into his Fourways Palazzo when it was featured on the SABC lifestyle programme Top Billing - and it is beyond your wildest dreams!
    • 18 Jun 2018
      Many home sellers are motivated to appoint estate agents because they know that the agency will carry the costs of advertising and marketing their property.
    • 18 Jun 2018
      When a property is sold when it has a tenant in occupation, the questions often raised are: “What happens to the tenant if the landlord sells the property?”, and what rights the tenant will have with regards to cancelling the lease or enforcing it, says Sunell Afrika, rentals manager for SAProperty.com.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK