More buyers seeking out Zinkwazi

If your idea of a perfect holiday is waking up to both the sound of the surf on the beach and the cry of the Fish Eagle, then Zinkwazi Beach on the KwaZulu-Natal North Coast is the place for you.

Still largely undeveloped, it is known as the “Jewel of the North”, and boasts no through road, no trendy clubs and no glitzy nightlife – just great swimming beaches, a lovely lagoon for water sports and lots of fresh air and sunshine.
Consequently, most of the resident population is made up of retirees, says Derek Tavendale, the new Chas Everitt International Notebook© licensee in Zinkwazi Beach and most of the properties in the village are holiday homes bought as investments many years ago and available for short-term rental.
However, he says, the village has started to get a lot more exposure and interest from upcountry buyers seeking to relocate their families to the North Coast since the opening of the King Shaka international airport just 35km away, and there is also rising demand for property here among younger buyers who work in Umhlanga and Ballito but want to live somewhere quieter.
“And the good news for them is that prices here are still reasonable, although they are starting to rise thanks to the increased demand and constrained supply because there has been no new development here in years.”
According to property data company Lightstone, the average price paid for freehold homes in the village during the past 12 months is R2,8m, and that for sectional title properties R2m. The prices of homes currently advertised for sale start at just over R1m, and there are many empty stands for sale at prices starting from about R500 000.
Derek, who worked in IT for many years and then as an agent for another national real estate company, says he chose to work under the Chas Everitt International banner because it is “a breath of fresh air” in the real estate industry that seeks to enable its licensees rather than regiment them.
“And it has the technology and business systems to allow me to offer the full range of estate agency services all under one roof. This makes all the difference when it comes to ensuring that a business succeeds in a small market like ours.”

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 21 Nov 2017
      The buying process is over, and the moving truck has delivered your household goods to your new property. Now it’s time to unpack and turn your new house into a home.
    • 21 Nov 2017
      When an offer to purchase a property is signed by both buyer and seller, this constitutes a binding agreement or “Deed of Sale” between the two parties. However, in most cases the “standard contract” might not be enough to cover all the specifics pertaining to the sale. The agreement may require some additions or alterations to clauses, which needs an expert hand in the drafting of such
    • 21 Nov 2017
      As more and more South Africans look to invest in property abroad, Spain is offering them one of the best deals in global real estate.
    • 20 Nov 2017
      Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
    • 20 Nov 2017
      Regardless of whether you are purchasing your first start-up home, downsizing or moving in with roommates, finding ways to maximise small spaces can be a big advantage, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 20 Nov 2017
      Property valued at approximately R1 billion is on High Street Auctions’ sales floor during the month of November, including the much-anticipated sale of the Tshwane Mayoral Residence and the land occupied by one of South Africa’s oldest operating gold mines.
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us