Margate-based lifestyle estate development, Serenity Hills, has secured several international buyers while receiving recognition from President Cyril Ramaphosa for its national investment contribution at the 5th SA Investment Conference (SAIC) earlier this month.
“We were honoured to be one of the organisations highlighted by President Ramaphosa for making such an important contribution towards local investment,” said Reece Daniel, Developer of Serenity Hills.
“We are proud to be showcasing the many positive attributes of the KZN South Coast while attracting both national and international attention. The interest we’ve received for Serenity Hills from across the globe is evidence of the investor confidence in this development, and the potential for the region,” Daniel added.
The 120-hectare eco-estate offers 600 residential units located across three neighbourhoods. All units range from two- to four-bedroom freestanding homes. There are also unique ‘Forest Pods’ available. Of the 120 hectares, 70 will be secured for private conservation.
After launching in Q2 last year, Serenity Hills has already sold 50% of its units, with buyers coming from Canada, the UK, Switzerland, and Germany. The Serenity Hills team has also received enquiries from the US, Australia and Botswana regarding potential investment opportunities.
“Many of our buyers are either relocating to the area, emigrating, or investing as a holiday home with the future option for retirement. The subtropical climate of the region, beautiful beaches, coastal forests, and laidback lifestyle are definitely drawcards for many investors, with the quality-built homes, facilities and world-class security making this a truly worthwhile investment option,” Daniel added.
Serenity Hills provides direct access to private schools, private hospitals, specialists, shops, malls and Margate airport – all within a 15-minute drive.
The eco-estate has solar-ready home designs and rainwater harvesting, with three months’ back-up water for uninterrupted supply. It also boasts digital living such as an in-house app that lets residents pay utility bills, request domestic services, register guests and order food. Additionally, there are more than 25 on-site amenities such as The Clubhouse, with swimming pools, the Infinity Bar, and The Bistro.
The R800 million (€39.8m) development attracted national attention for its contribution towards the government’s goals of socio-economic development to create sustainable jobs, reduce poverty, and drive back inequality.