Lazuli’s one-level homes attracting Zimbalian retirees
Cenprop, the developer of a number of estates in KwaZulu-Natal, reports a successful initial launch of its latest offering, the retirement Lazuli Coastal Lifeystyle Estate, situated next to the luxurious Zimbali Coastal Estate on KZN’s North Coast.
The estate’s marketing thrust has been targeted at two types of homebuyers for its apartments, whose prices range from R2,895,000 to R5,495,000. These are active over-50s and those requiring frail care and assisted living.
Glenn Hesse, MD of Cenprop, says a number of buyers and interested buyers have come from neighbouring estates, such as Zimbali Coastal Estate, where people either in or near retirement are looking to downscale or live in a one-level home.
The R50m in sales at the launch of Lazuli, he says, is testament to high demand for retirement living on KwaZulu-Natal’s North Coast.
Cenprop has also developed Dunkirk Estate in Salt Rock, St. John’s Village in Howick, Mzingazi Golf Estate in Richards Bay, and Redlands Estate in Pietermaritzburg.
Lazuli is a 126-unit estate, located in Port Zimbali. It boasts magnificent views as well as close proximity to a number of top golf courses, beautiful beaches, upmarket shopping centres and nearby amenities. The estate features a clubhouse with a heated lap pool, business suite, fitness centre, porter and shuttle services, restaurant and 24-hour security.
The launch, which took place on 13 February, saw the release of phase one, which includes 72 spacious 2, 3 and 4 bedroom luxury apartments. Construction of this phase will commence in the second quarter of 2016, with completion expected in the final quarter of 2017.
“Lazuli presents a unique way of life – a superb location, contemporary homes, and ultimately an unsurpassed lifestyle. The fact that Lazuli gives people the ability to downscale without compromising on luxury or status is a major positive for those nearing their ‘sunset years’,” says Hesse.