The ‘Collins corridor’ will offer a diverse range of services once development is complete.
A new school, massive resort, large-scale estates and widespread amenities are all planned to form part of the Collins Residential portfolio which spreads along the coast from Ballito to Tinley Manor.
Zululami Luxury Coastal Estate, Seaton Estate, Lalela Estate and now Club Med Tinley are all at different stages of completion.
Zululami was the first to be launched and has just 27 single residential stands still available, while current homeowners have seen an annual capital appreciation of 24%.
Seaton, the biggest of Collins’ residential estates, has sold 222 of 288 stands, and that is before the first resident has even moved in. Seventy-five of those plots were sold in 2023 alone.
Lalela is the most cost-effective estate in the portfolio, offering freehold land from R720 000 and homes from R2.3-million. It is hoped that the first residents will move into their homes in the first quarter of 2024.
The three estates will form part of a mixed use node on the eastern side of the N2 that in the portfolio, offering freehold land from R720 000 and homes from R2.3-million.
It is hoped that the first residents will move into their homes in the first quarter of 2024.
The three estates will form part of a mixed use node on the eastern side of the N2 that will include a number of public and private amenities.
Chief among them is the educational campus which plans to cater for primary, high school and even tertiary students at its final phase in the future.
Aside from the estates, tourism will also see a significant boost by way of South Africa’s first Club Med resort at Tinley Manor.
Once the resort opens in 2026, it will be expected to boost the local job market through an expected 800 direct and 1 500 indirect jobs.
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