PROJECT Trapezoid Property Development
Savannah Park:
A premier investment opportunity in the heart of Umhlanga
Trapezoid Property Development, renowned for its significant contributions to the transformation of Umhlanga through nine prestigious developments, is excited about the recent launch for sales of their Savannah Park units to the market.
This established and conveniently located residential estate, completed in 2018, is in one of KwaZulu-Natal’ s most sought-after locations. It offers beautifully designed one- and two-bedroom apartments starting from R1 295 000 – making it an attractive opportunity for both homeowners and investors alike.
With a growing interest from buyers looking to purchase property within the North Coast, Savannah Park presents a unique opportunity for investors looking to buy directly from the developer within a fully developed estate. According to Lightstone data( 2024), Umhlanga has consistently demonstrated robust expansion, with an 84 % good standing ratio on rentals( 7 % above the KwaZulu-Natal average) and a remarkable 95 % annual occupancy rate for residential properties. This is mainly due to the walkable safe precinct and the thriving leisure activities within the area.
For investors, potential buyers can rest assured that they are purchasing from established and trusted developers. Trapezoid Property Development’ s commitment to quality and excellence is evident in every detail of their projects. Chico Premjee, Co-developer of Savannah Park states,“ We pride ourselves on creating exceptional living
54 www. sabuildingreview. co. za