DURBAN - The Woods Waterfall has set a ground-breaking sales record of 50 properties sold in only 50 days, and to date Phase 1 is now 82 percent sold.
A large part of the success of this sectional title development is its market-sensitive price point which is proving robust despite the current economic climate.
Launched at R 649 000, The Woods offers 1, 2 and 3-bedroom apartments and townhouses.
David Rowles, Developer of The Woods explains, “There has been huge interest in The Woods and although other Sectional Title developments have previously been launched in and around the area, I don’t think they can beat our current sales record. We have struck a delicate yet attractive balance between price point, holistic product offering and variety of home type. Also, being centrally placed is a big drawcard for many of our buyers, especially those with children and families.”
The Woods has attracted a wide range of buyers and the 2-bed, 2-bath properties look like the sweet spot, especially for investors looking to earn a rental income and also for families wanting to invest and see growth.