Blythedale Development Update – September 2017
Demand for land on the estate remains strong. Ninety-six percent of the first mini phase is sold out, with 22 out of 23 sites sold – at between R1 million and R4,15 million per serviced freehold site.
Our next phase for transfer to new owners will see the transfer of 122 freehold sites with transfer taking place six months from now. New releases within this phase will see sites available at the R650 000 price point, with sizes averaging 1,200m2.
Developers are invited to make enquiries regarding the two development sites available for sale. We also welcome interest in developing retirement villages, and residential sectional title homes on the estate.
Construction and development on Blythedale Coastal Estate
Approximately 40 ha of sugar cane has been removed and 60 ha of gum trees are in the process of being removed in preparation for the roll out of Phase 1 infrastructure.
Originally known as Celebrity Mile, properties on Loerie Lane have been transferred to their owners. Electrical installation, with guarantees in place at the local authority, will come online shortly. Rawpower is the appointed contractor and we look forward to completion in September/October. With this installation in place, and the commencement of building onsite, work will begin on the secure electrified perimeter fence as well as the temporary resort gatehouse and access gatehouse for residents.
Another exciting milestone worth mentioning is that building is due to start on our first home. With designs having been successfully vetted by the design review committee, wheels have been set in motion for work to begin. The design committee consisting of Alan Barnard of Alan Barnard Architects and Kim Fairbairn from LYT Architects look set to be busy in the next few months as a few more owners move into the construction phase.
The resort gatehouse design is being prepared and building is due to start before the end of the year. There is already security on site for the adventure activities, to monitor the Event Bowl and to protect the beautiful fauna and flora with controlled access due to farming and development operations.
