DURBAN - Construction has commenced at the much anticipated Kerzner Estate, the most exclusive estate on the Atlantic Seaboard.
Ross Levin, Director of Seeff Atlantic Seaboard and City Bowl said this is a real show of confidence in the property market here.
Blackland Construction have moved onto site to start construction of the first houses which are expected to be ready for hand-over by mid-2020. All infrastructure and services are already in place, and the gym and top class security systems will be ready before the first house is handed over, he says.
Three of the initial eight houses have sold at record prices of R30.5m to R37 million. As part of this benchmark development and in keeping with Sol Kerzner’s vision of always innovating and stretching the limits of possibility, six top architectural firms are working on the designs, the first houses being designed by ARRCC, Metropolis Architects, and Fabian Make Architects.
There has been strong interest both locally and the international market with two of the properties sold to buyers from Germany and the UK. Aside from own-use, Levin said that the estate is ideal for second home buyers. It offers an exclusive address with ease of access.