Construction has broken on INJABULO Estate, the first affordable residential lifestyle estate on the South Coast of KwaZulu-Natal.
The R300 million development has been declared by the Ray Nkonieni Municipality to be a catalyst for economic development in the region and is located within the newly established Smart City Zone, which stretches from Port Edward to Margate.
“The shortage of affordable housing in South Arica is a well-documented challenge, with the backlog reportedly reaching 2.3 million units and growing at a rate of about 178,000 units per year.There is a serious shortage of suitable, safe, affordable and well-located housingsaid Winnie Kyriakides, Founder and CEO of Cody Corporate Marketing and Development.
“INJABULO Estate is a secure lifestyle property with quality finishes that meets the demand for affordable housing on the KwaZulu-Natal South Coast, making a positive impact on the community through access to healthcare, It creates many employment opportunities for people.“
Developed by Cordey Corporate Marketing and Development in partnership with TSW Properties, the property will eventually consist of 254 freehold, freestanding arven and designer residences, with two-bedroom units priced under R1 million. , a three-bedroom house is priced below R1.2 million. .
The INJABULO Estate is located approximately 4 km from Margate City Centre, good schools and the nearest hospital. Buyers can choose lot size, building size, or location for each building phase with optional bolt-on extras such as lock-up garages.Stand size from about 220m2 up to a little over 600m2.
of landscaped recreational parks, including gardening spaces, with medical facilities, pharmacies, mini-supermarkets, gyms, beauty salons, special community centers, recreational facilities, and other necessities with controlled access for visitors from other communities; provide a space like Grow fresh produce, walking and biking trails.
“We have put a lot of effort into making a positive impact on the community through this development. It is important to us that non-resident community members have access to on-premises healthcare and other facilities such as community centers.commented Kyriakides.
The INJABULO estate is scheduled to launch on September 19, 2022, with a three-year development pipeline. Construction will be divided into five phases, with the first phase comprising his 60 homes and the second phase allocating a solar farm.
See more photos of INJABULO Estate on Instagram
