When developer Gary Liebenberg Director of Lorber Projects, a leading property development concern, overheard his building crew referring to the designated site as ‘Amabalengwe’ or ‘spots of the leopard’ at Zimbali, he was intrigued. On further investigation, he discovered that his team of master-craftsmen referred to the positioning of his new exclusive development as Amabalengwe because the luscious scrub and surrounding indigenous flora lent itself to the camouflaging of the leopard and that they could almost imagine the big cat poised in the greenery, strong, majestic and at one with its environment.
It was this vision that inspired the naming of the four superbly designed, earthy hued units in the elite development that constitutes Zimbali’s newest residential offering. Overlooking the sweeping fourth hole of Zimbali’s Tom Weiskopf signature golf course, the 270 square metre split level units also boast magnificent sea views, and are sensitively positioned within the landscape taking into account Zimbali’s strict environmental guidelines and embracing the distinctive Balinese influenced architectural language of the resort.
Of major significance and a detail that sets this development aside from most, is the fact that AMABALENGWE is complete and ready for occupation. While trends dictate that the majority of new developments are sold off-plan, Lorbers’ approach in terms of launching a fully complete product reflects the confidence that the developers have in Zimbali Coastal Resort. This certainly is a departure from development trends and as such, a distinctive investment proposition resides in the offering.
On launching a product, complete with the finest finishes and minute attention to detail, Gary Liebenberg comments, “Lorber focuses primarily on boutique developments that are only made available for purchase once ready for occupation. This is a development approach central to our business and the reason behind this resides in the fact that we are extremely confident in the workmanship and quality of the product that we are delivering.”
Amabalengwe, comprising 4 (four) semi-detached duet townhouses each boast unique qualities and elements, making for a delightful, comfort orientated living experience. From the wide feature windows through to Italian porcelain tiles included throughout and Maranti Emboya stained architraves and skirtings all of the Amabalengwe units also boast double garages and are ideally positioned for the buy-to-let investor or upwardly mobile Zimbali ‘aspirant’.
The kitchens incorporate the best of boutique design with travertine marble counter tops, brass corrosive resistant accents and locally hand crafted basins. Complimented by the unique cupboards, the Bosch gas hob and electric oven take centre stage in the kitchen which flows into the open plan living area incorporating a lounge and dining room. Amabalengwe features covered and uncovered patio areas which showcase the impeccable and ecologically sensitive landscaping of Kerry Jordan. Each unit has been designed and landscaped in order to maximise the prime sea facing position and privacy.
Priced from R3, 950, 000, the units compare favourably with similar starter homes in Umhlanga Rocks and Ballito. Says IFA Hotels & Resorts VP Sales and Marketing, Africa and Indian Ocean, Andreas Wassenaar, “At R13, 500 per square metre, Amabalengwe provides exceptional value and master crafted quality for the investor. Lorber have developed a site that boasts exceptional views and the product is certainly amongst one of the finest currently available in Zimbali.”
Wassenaar concluded by urging investors to capitalise on this rare opportunity, especially in view of the recent interest rate hikes and based on the fact that it is anticipated that building costs are expected to go up in 2009 in response to the 2010 World Cup. Backed by Liebenberg’s estimation that the costs of a property on the KwaZulu-Natal North Coast will reach a staggering R30 000 to R40 000 per square meter by 2009, the prospects for potential investors that resides in Amabalengwe bode extremely well.
Development partners Gary Liebenberg and Lori Badenhorst’s design style focuses on elite finishes, environmentally influenced colour pallets and chic interiors. The pair thrives on developing small complexes, such as Amabalengwe and their attention to detail compliments the features of each individual property. The team of Lorber have been together for over 20 years and the completion of this exclusive apartment styled development in a record 8 months indicates their dedication and professionalism.