{"id":832910,"date":"2025-07-25T16:00:00","date_gmt":"2025-07-25T14:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=832910"},"modified":"2025-07-25T16:01:42","modified_gmt":"2025-07-25T14:01:42","slug":"new-luxury-development-launches-in-one-of-south-africas-most-exclusive-estates","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/property\/832910\/new-luxury-development-launches-in-one-of-south-africas-most-exclusive-estates\/","title":{"rendered":"New luxury development launches in one of South Africa’s most exclusive estates"},"content":{"rendered":"\n

Luxe Zimbali, a new luxury development within the exclusive Zimbali Estate, has officially launched. <\/p>\n\n\n\n

The new development offers a blend of tranquil living and prime investment potential, allowing investors to capitalise on a luxury real estate market in high demand.<\/p>\n\n\n\n

Zimbali is one of South Africa\u2019s premier and exclusive lifestyle estates in one of the country\u2019s most naturally beautiful locations, just south of Ballito.  <\/p>\n\n\n\n

Luxe Zimbali is located at the heart of the estate and offers a selection of 3- and 4-bedroom condos and villas. <\/p>\n\n\n\n

Many units have views of the iconic Zimbali Golf Course and the Indian Ocean. Amenities also include restaurants, seven pools, and proximity to top schools. <\/p>\n\n\n\n

The appeal of the development is aided by the proximity to the Capital Zimbali Hotel, which ensures ongoing demand for short-term rentals and additional booking opportunities. <\/p>\n\n\n\n

The hotel\u2019s high seasonal demand peaks during December following the school holidays, with December and January guaranteeing the potential for lucrative returns.<\/p>\n\n\n\n

The residences at Luxe Zimbali offer a move-in-ready experience, with each home coming with fully equipped Smeg appliances and a curated furniture collection by Weylandts.  <\/p>\n\n\n\n

Zimbali has become an incredibly popular destination for immigrants and semigrants. <\/p>\n\n\n\n

Andreas Wassenaar, licensee for Seeff Zimbali<\/a>, said there has been an influx of buyers from Gauteng and international buyers from the UK and Northern Europe.\u00a0<\/p>\n\n\n\n

This has boosted demand for estates in the KZN North Coast area, with sales mostly in the R13 million to R15 million range.  High-end estate homes have been listed for up to R40 million.<\/p>\n\n\n\n

According to Rainmaker Marketing\u2019s latest Property Market Report<\/a> for 2025, incomes in the KZN North Coast have surged dramatically over the last decade.\u00a0<\/p>\n\n\n\n

The average income in Ballito surged dramatically from R12,500 and R25,500 to an impressive R91,500\u2013R124,000. <\/p>\n\n\n\n

Ballito showed that 50%  households were classified in the high-income categories and the rest spread across upper-middle and middle-income groups.<\/p>\n\n\n\n

\u201cThe North Coast, spanning from Zimbali in the south to the Tugela River in the north, has seen remarkable growth over the past two decades,\u201d said the report.<\/p>\n\n\n\n

\u201cThis growth has helped the area become a thriving hub of residential estates, commercial developments, and retail spaces.\u201d<\/p>\n\n\n\n

R1 million per year in potential rental income\u00a0<\/strong><\/h2>\n\n\n
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Luxe Zimbali is set to benefit from high demand for short-term rentals in this prime location, making it an attractive investment opportunity. <\/p>\n\n\n\n

There is only a limited number of high-end properties remaining, starting from R5.5 million.<\/p>\n\n\n\n

On top of the high-quality living experience, it also offers a high-yield investment opportunity, offering projected rental returns of up to 18% annually. <\/p>\n\n\n\n

Greg Morris, Developer of Luxe Zimbali, said that the rental income is projected to reach R1.36 million annually, with net rental yields of up to R997,110 per year.<\/p>\n\n\n\n

The area\u2019s seasonality, especially during the summer holiday months, ensures strong occupancy rates, offering the potential for increased returns over the periods.<\/p>\n\n\n\n

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Luxe Zimbali Images <\/h2>\n\n\n\n
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<\/p>\n","protected":false},"excerpt":{"rendered":"

A new luxury development has launched in the Zimbali Estate in the KZN North Coast, where buyers from the UK and Northern Europe are snapping up property. <\/p>\n","protected":false},"author":95,"featured_media":832931,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12755],"tags":[23224,10773,23223],"class_list":["post-832910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-rainmaker-marketing","tag-seeff","tag-zimbali"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/832910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=832910"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/832910\/revisions"}],"predecessor-version":[{"id":833103,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/832910\/revisions\/833103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/832931"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=832910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=832910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=832910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}