Pam Golding area principal in Umhlanga and Umdloti, Elwyn Schenk, says major developers, traditionally recognised as having an astute capacity to read the market, are becoming more active. Pam Golding has just been awarded the exclusive marketing mandates for two new residential developments in sought-after locations in Umhlanga.
“Over the longer term, changes in demographics and consumer buying power are major drivers of the property market. It is a combination of these factors which is fuelling the demand for property in areas such as Umhlanga and Umdloti, especially following several years of muted developer activity and rapid growth in the Ridgeside/ Gateway area of Umhlanga,” he says.
In Umhlanga Village, Pam Golding Properties has acquired the exclusive marketing mandate for the Beacon Rock development, which is under construction.
This mixed-use project, incorporating 68 apartments, was launched in December and is in close proximity to Umhlanga’s main beaches, restaurants and entertainment and has sophisticated security features. The apartments are a mix of one-, two- and three-bedroom units, and residents have access to a protected landscaped courtyard and pool.
For your Durban Accommodation please contact us by phone on 031 566 1206 or email us on info@gatewaycountrylodge.co.za. For a 360 degree virtual tour of our Umhlanga accommodation please select http://in3sixty.com/cms/manager/sharetour/id/ed84298f-d385-067d-1336-470386d249df or go to our website on http://www.gatewaycountrylodge.co.za/.
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