Beacon Views set to redefine the meaning of affordable housing value

A new wave of high quality developments aimed at the affordable housing market is gaining momentum in the country.

One such development is Beacon Views, located in the Beacon Hill Country Estate in Pietermaritzburg.  This development provides the best of secure estate country living and is situated on a stretch of high ground consisting of savannah grassland and overlooking the KwaZulu Natal provincial capital, Pietermaritzburg.
Beacon Views, the first phase of this 163 unit sectional title scheme being developed by Anton Mostert and supported by the turnkey management and contracting capabilities of The Stedone Group of Companies, is now almost complete.
“Our goal with the sectional title developments within Beacon Hill is to be able to offer an affordable housing alternative to home buyers when compared to freehold homes on the estate, whilst not compromising on the overall upmarket aspect of lifestyle estate living offered by the Beacon Hill Development,” says Anton Mostert, Director at Tenderscan (Pty) Ltd .

As a result, homes on Beacon Views are set to redefine the meaning of affordable housing value. The quality of interior and exterior finishes has not been compromised in any manner, with the homes also having spacious gardens and ample space between to allow for a high standard of community living. Phase 1, Beacon Views, is sold out and phase 2, Beacon Heights, is 50% sold, which positions us to soon begin work on phase 3, namely Beacon Mews.”

Financed by Nedbank Corporate Property Finance: Affordable Housing for R7 million, this development is a reflection of the partnerships that the bank seeks in delivering quality, affordable homes. “Our commitment to making housing a reality in South Africa goes beyond merely providing finance, but ensuring that we partner with credible developers to deliver high quality homes,” says Manie Annandale, head of Affordable Housing at Nedbank.
The houses measure from 50m² to 85m² and the average selling price is R593 250, with a selling price of R499 000 for 50m² 2 bedroom houses.

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 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
    • 18 Jun 2018
      Sellers are often caught off-guard by the expenses incurred in the selling of a property. Just like there is no such thing as a free lunch, there is also no such thing as selling your property without incurring at least some costs.
    • 15 Jun 2018
      The second quarter of 2018 has proven to be the turning point for Midrand’s real estate market, especially the upper end which started to waver towards the end of a tumultuous 2017 with a notable drop in both sales and average selling prices.
    • 15 Jun 2018
      According to data recently released by FNB, the average age of a South African home buyer has increased from 38 to 44 this year. In an attempt to help first-time buyers enter the market sooner, Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, walks us through the steps of saving for your first home.
    • 15 Jun 2018
      Putting your house on the market can be a stressful process. There are so many decisions to make that will impact how quickly your house is sold and for how much you can sell it for. It’s a serious money game where you can’t afford to make the wrong decision.
    • 14 Jun 2018
      The word tourist describes someone who is visiting South Africa for a limited time and is probably not going to buy a property here – so why is the tourism industry so important to the real estate sector?
    • 14 Jun 2018
      Serengeti Estates has entrenched its status as one of Johannesburg’s most desirable addresses for a spectrum of homeowners with its launch of The Signature Residences, a new cluster village.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us