The developers of Balize Private Estate have listened to the current demands of the real estate market to introduce freestanding Villas into the already chic mix of Cabanas and Penthouses. Current research and emerging trends uncovered that a large portion of the South African Real Estate market is asking for the privacy and comfort of a freestanding home but also the peace of mind that comes with being within a secure estate like Balize Private Estate. Balize Private Estate offers something for families at every stage of life. As a centrally-placed, entirely secure residential estate with attractive facilities, Balize Private Estate is the sweet spot between boutique and tranquil yet modern and luxurious.
In South Africa, more than 10% of all homes are sectional title homes and this number is increasing annually. What this means for investors is clear capital growth and the potential for a steady rental return. Balize Private Estate is placed within the Sibaya Coastal Precinct, a holistic city, which has seen unprecedented growth over the last year to become the most sought-after node in the country. The Sibaya Coastal Precinct has seen a total of R4 billion worth of sales transacted to date. Based on current growth, these figures are only set to rise further with the completion of key public amenities with the Sibaya Coastal Precinct, and this value increase will ultimately benefit the Homeowners of Balize Private Estate.
Balize Private Estate greatly benefits from being within the Sibaya Coastal Precinct due to the amenities on offer; within walking distance of Balize is a premium retail piazza which will offer a host of modern and premium dining and shopping outlets.
One of Sibaya Coastal Precinct’s most prominent features is the Heleza Boulevard, a central roadway which runs the length of the Sibaya Coastal Precinct and takes you directly to the Gatehouse of Balize Private Estate. The Heleza Boulevard is now 70% complete and will be fully operational once the first homeowners move into their purchased units at Balize Private Estate. Other exciting and modern conveniences residents of Balize Private Estate will benefit from is the private school which currently under development. This school, ADVTech Academy, will offer schooling from Grade 0 to Matric, and is positioned just a short walk from Balize Private Estate which means children can happily, and safely, commute to school on foot or by bike via the Heleza Boulevard.
With the rate of sale at Balize Private Estate steadily increasing, ground-breaking of Balize is anticipated to take place in the later half of 2019.