The adage “location, location, location” will never lose its profound ring of truth, as developments within KwaZulu-Natal’s North Coast suburbs continue to see phenomenal growth and capital appreciation. Umhlanga Ridgeside is one of the in-demand areas and is seeing immense development take place. While Umhlanga Ridgeside is a mixed-use urban precinct, it is known for being home to a number of prestigious businesses and office parks. Enigma Private Estate will be a breath of fresh air for the neighbourhood as it presents an abundantly secure and luxurious residential development.
Stands at Enigma Private Estate are selling from R3,5 million to R7,5 million. Having defined itself as Umhlanga’s definitive gated address, Enigma Private Estate can owe a part of its success to one of its biggest assets; the incredible location. “Given its extraordinary location between Umhlanga Village and Umhlanga Ridge, combined with superb sea views, Ridgeside is being developed as a top-end, mixed-use node,” says Chris du Toit, Commercial Director, Tongaat Hulett Developments.
Looking at what lies ahead for Umhlanga Ridgeside, we can expect to see a huge transformation as immense resources continue to be allocated to the area, resulting in a growth in value year-on-year. Despite the decline in real GDP growth and economists forecasting a 1.7% rate of economic growth, Umhlanga challenges these statistics as it continues to see a constant flow of development and investment. Once the construction of infrastructure and homes are complete, the estimated R1 billion Enigma Private Estate undoubtedly bolsters the area’s value and appeal.
It is incredible to see the development taking place within Umhlanga Ridgeside, and even more so to have Enigma Private Estate be a part of the transformation.