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SEATON
Seaton is a lifestyle estate in Sheffield, Ballito, in Nothern KwaZulu-Natal, with spacious residential stands and breath-taking views across the coast. It has achieved tremendous sales success with stands selling out in record time. The estate has a beach club, central community clubhouse and a range of sports facilities for the whole family.
The identified property in Seaton: Erf 2254 and 2255
The property is situated in Precinct H, the heart of Seaton, near the clubhouses and a short walk from the equestrian and beach clubs. Launched in the first week of April 2024, all 67 sites of Precinct H were sold out within a week. These residential land sites, starting from R1million, were snapped up by investors and end-users. Brix was able to secure two of the best plots for our investors. Viewing this investment as a ‘buy, hold, sell’ opportunity, the main purpose for this land is to flip the property once the services are provided to the site, which should be towards the end of 2024.
Your investment in Seaton
Invest from as little as R100. An investment in the property can be classed as a very low risk investment that offers investors peace of mind that their investment is secured in a premium, high demand residential area with a clear track record of capital growth. Seaton has sold over 250 plots of land with over 100 homes at varying stages of completion. The sales tempo in Seaton is brisk and phases sell out within a short period after launch.
Deal overview:
- Erf 2254 and 2255: R2 592 800
- Precinct H: Phase in Seaton
- Plot size: 732m2 and 771m2
- View: Long inland views
- Total Levy per month: R2 800
- Rates per month: R2 400