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The Woods - An exclusive residential development within Elaleni Coastal Forest Estate, Sheffield Beach, KZN
Nestled on an expansive 5500 sq. meter parcel in Elaleni Coastal Forest Estate, Phase 2 of The Woods at Elaleni presents a compelling co-development opportunity recently unveiled to the market.
Designed for investors seeking entry into a new real estate venture, this proposition allows buyers to engage as Co-Developers. They can acquire shares in the development company and enjoy a share of the profit typically accrued upon completion and launch of a building scheme. If the investor chooses to retain a unit, their shares will be converted into a sectional title transfer. Alternatively, should they opt to sell the unit at the market price post-completion, a simultaneous registration will be executed during transfer. These units can also be leased once construction is finalized.
This upcoming development will feature modern dual-level two and three-bedroom standalone and semi-detached pet-friendly units. Offering a selection of four distinct layout designs, the development adopts a village-style arrangement, with each unit boasting a private garden. Unit sizes vary from 127 square metres to a 152 square metres, with prices ranging from R 2 823 988 for a 2-bedroom unit to R 3 752 443 (including VAT) for a 3-bedroom standalone unit.
The ground floor areas encompass the living spaces, kitchen, covered patio, and courtyard, while the upper section hosts the master bedroom and one or two additional bedrooms and a bathroom. For standalone units, there's an option to add extra space (28 sq. metres) above the garage.
The complex will also feature a Residents Clubhouse, offering amenities such as a pool, firepit, change rooms, braai area, covered entertainment space, and open green areas.

All images are provided for illustration purposes only. Specific features may vary between individual apartments.