Pebble Beach development a hit with investors

Wet weather has not dampened the steady stream of interested investors visiting the state of the art, on-site, pop up Pebble Beach Sales Centre at the Sibaya Coastal Precinct. 

“This is my dream! I would love to secure a unit here” says Lawrence Tshalata to sales agent James Timcke

The on-site Sales Team is inundated with telephone calls and emails from buyers showing immense interest in the second phase, Pebble Beach Sibaya. An increased number of these has come from high income earning Black investors searching for a safe, family-friendly environment within which to raise their young families. However, the greatest support by far has (as with Ocean Dune Sibaya) come from the KZN North Coast’s local Indian community.

Over 1000 prospective buyers have already visited the Centre and 800 have put their names down in 10 days hoping to secure their dream investment at the lavish Sales Event taking place on 26 November 2016 at Durban’s Moses Mabhida Stadium.


 “This will effectively provide the first opportunity for those who have registered to confirm their purchase.  Prospective buyers should register their interest in purchasing one of only 160 available apartments on or before the Sales Event. Last year people were actually sleeping in their cars the night before to ensure that they got into the event on time to secure their preferred unit.  We are confident that this launch event will be another sell-out success”, said Pam Naidu, Sales and Marketing Director for ID Realty.

The event is structured in such a way that all prospective buyers, regardless of the amount they plan to spend, form a queue and the developer hands out numbers from 05h00 on a first come, first served basis with the first purchase taking place at 08h30. Each buyer will be permitted two units only. A R50 000 non refundable Pre-Emptive fee per unit must be paid by EFT or credit card. FICA documents are also required.

“Pebble Beach will be built on the last piece of land within the Sibaya Coastal Precinct that has nothing in front of it. Beach access is completely unobstructed and it is the brain child of the same dream team behind the recent sell-out success of Ocean Dune –Sibaya”, she says.

“The 160 apartments comprising studio, 1 and 2 and 3 bedroom apartments will be priced from R950 000 to R 7 995 000 and most of the buyers are expected to be owner-occupiers.  Privacy and sea frontage are two key elements in this development. The tiered apartments, situated at the southernmost tip of the node, feature unobstructed ocean and coastline views, safeguarded in perpetuity by the surrounding indigenous Hawaan Forest Reserve”, she concluded. 

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