Real Estate Investor Magazine South Africa April 2014 | Page 39

RESIDENTIAL

The new King Shaka International Airport

KwaZulu-Natal
Situated at the top of Ilala Ridge, a brand new offplan residential development, Ilala Views, is to be built
on the last remaining elevated stand in the area, said
Elwyn Schenk, of Pam Golding Properties.
Forming part of the established and sought after
Ilala Ridge estate, well positioned midway between
Umhlanga Rocks and upper La Lucia, this new
development enjoys sweeping sea views and has
indigenous flora and fauna already on the estate. The
appealing Floridian architecture and the security
provided by a well controlled gated estate are some of
the reasons for the high popularity of Ilala Ridge.
This is a wel l established communit y, w ith
existing homes valued between R3 million and
R25 million, with all the components which make for
a relaxed lifestyle in a secure environment. Location is
prime, being close to all amenities and just five minutes’
drive to the Gateway Theatre of Shopping, uMhlanga
beach or La Lucia Mall, and 10 minutes to the new
King Shaka International Airport and the city of
Durban.
The development also caters directly for a demand
from those who work in nearby uMhlanga Ridge or La
Lucia Ridge Office Estate, or other business nodes in the
vicinity. There are numerous public and private schools
in the area, medical facilities including a hospital and a
wide variety of leisure activities – not the least of which
is the scenic coastline with its beaches and restaurants.
Ilala View comprises a mix of options for home buyers.
There are three apartment blocks with a total of 48
www.reimag.co.za

two, three and four bedroom apartments priced from
R1.595 million; four garden duplex units comprising
three bedrooms and three bathrooms priced from R3.95
million; eight duet units each with three bedrooms and
three bathrooms; two garden simplexes comprising three
bedrooms and two bathrooms and priced from R4.895
million; and 13 free standing homes with three, four and
five bedrooms, built to the purchaser’s requirements in
terms of the internal configuration, and these are priced
from R6.57 million.

“ Townhouse living is
popular because of the
security advantages and the
lock-up-go lifestyle.”

Arkus’ Architectural Practice has lived up to its
promise of a collaboration between architect and
artist with a highly appealing Floridian design
incorporating soft tones and more than a hint of
its Italian ancestry. Well known local builders, ID
Construction, responsible for the iconic Beacon Rock
development in uMhlanga village, have been appointed
by the developers as sole contractors to the project.
Construction is to commence in early 2014 with
completion scheduled for 16 months later.
Now Ilala Views, which is selling off plan, completes
the portfolio of developments currently available to
meet all price aspirations, from under R2 million to
R20 million and upwards.

REALE ESTATE BUSINESS DIRECTORY

RESOURCES

Monolith Estates, Pam Golding Properties
April 2014 SA Real Estate Investor

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