A shortage of quality accommodation – particularly one and two bedroom units - in the Umdloti and Umhlanga areas, coupled with the ongoing extension and popularity of the areas north of Durban is seeing the La Mercy area increasingly sought after among home owners.
A new 24-unit, sectional title development, La Bleu, situated right on the beachfront in La Mercy and comprising one and two bedroom apartments priced from R635 000 is ideally suited to meet this demand, says Elwyn Schenk, area principal for Pam Golding Properties.
Says Schenk: "Just 5km from Sibaya Casino and the new King Shaka International Airport and only 10km from Gateway shopping centre, La Mercy incorporates a small community with an unspoilt beach favoured by anglers and kite surfers. Easy access to La Blue is via the M4 into South Beach Road. La Mercy is also ideally positioned to capitalise on the expansion arising from the new airport and iDube trade port. Already we are seeing rentals hardening in the adjoining areas of Umdloti and Umhlanga, which bodes well for investors acquiring units in La Bleu."
He says these new units will appeal to investors and end-users alike, with one bedroom apartments with one bathroom very competitively priced between R635 000 and R655 000 and two bedroom, two bathroom units priced from R1.155 million and R1.235 million (all prices include VAT).  All the two bedroom units include patios and most apartments have expansive sea views. The finishes are of a high quality and units include granite kitchens.
A 10 percent deposit is required and completion of the project is anticipated towards the end of 2010.
Issued by Gaye de Villiers

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