Ballito booms
Ballito is a part of the North Coast property boom KwaZulu-Natal has been experiencing over the last couple of years. It’s no surprise why Balwin Properties, an internationally-acclaimed developer, chose Ballito as its first area of development within KwaZulu Natal.
“Our Balwin vision is to identify high growth-node areas, to reduce the barrier for entry-level buyers, provide up-scale facilities and to ensure all of this is at a tangible pricing value. We have been keeping our eye on the KZN North Coast, and in line with this we have identified Ballito as a prime node, especially with its proximity to the airport, commercial, retail and residential spaces. As a result, a vast amount of research and planning went into entering this market,” explains Steve Brookes, CEO of Balwin Properties.
“Our research identified that across the entire Ballito and Salt Rock areas, only 28% of the purchasing opportunities catered for a market looking at homes between R800,000 and R1,5 million. The Balwin model caters to this price-driven market and enables buyers to only pay a R20,000 deposit. We can confidently say that the success of Ballito Hills was grossly influenced by its attractive price-point, high-end security and ideal location, being in Ballito, a short drive from the beach, the airport and an array of local amenities,” ends Brookes.
Influx of young families
Ballito’s small-town, close-knit community attracts an array of individuals across KZN and South Africa. Currently 43% of the recent buyers within the greater Ballito area are under the age of 35 years and a collective total of 71% of the buyers are under the age of 49 years. What’s not to love about this coastal town? It’s home to trendy shopping centres, beaches, as well as secure estates; an ideal location for young families and individuals.
Modern living defined
Meeting the demands of everyday living, Balwin Properties introduced Ballito Hills; a secure 1320 unit apartment estate that boasts a range of secure and fibre-ready 1, 2 and 3-bedroom units from R1 054 900. The ideal product for a young market, this development has also filled the gap in the Ballito property market for property offerings between the R1 – R2 million mark.
These apartments have been designed with modern living in mind from open-plan living, free eco-friendly appliances, prepaid utility meters and access to a lifestyle centre. Each apartment has their own private balcony that looks out onto beautiful views of the recreational areas within the development.
Balwin Properties are renowned for providing Lifestyle Centres that answer your every whim; Ballito Hills is no exception. Residents have direct access to an array of facilities that make everyday living effortless. Enjoy having a restaurant, swimming pool, wellness spa, cinema room, laundromat, conference room, gym and multi-purpose sports field all literally on your doorstep.
Balwin Properties has answered a huge gap in the market, as Ballito Hills has sold out 6 phases within a record 11 months. With 61 complete apartments thus far, Ballito Hills residents have already started moving in from the beginning of March 2019 – Ballito Hills is currently busy with the construction of Phase 2 to 4.
There is no doubt that this estate meets modern-day demands with practical design elements and multiple facilities at an ideal price-point.