Page 8 - KZN Business Sense - Vol6 No2 -eBook

THE FUTURE IS SAFE AT BLYTHEDALE COASTAL ESTATE

he COVID-19 pandemic At eLan’s previous flagship
is on the up, and panic is development, Simbithi Eco
Trising. We’re yet to see the Estate, early buyers saw the
peak of the outbreak in many greatest profit margins of any
countries around the world, but investor.
this virus is causing huge adverse Simbithi stands purchased in
effects for people’s health, their
security, and their livelihoods. 2005:
1. A 1300m (no sea views)
2
Blythedale – a Healthy Escape purchased at R375k now
from the Hustle and Bustle valued at R2.5 million
(6,67 times growth).
When first learning about 2 (
this outbreak, the team at eLan 2. A 1200m with distant sea
Property Group noted that the views) purchased at R650k
health and wellbeing aspect of now valued at R3.8 million
Blythedale Coastal Estate was (5,85 times growth).
2
already very good, as far as private 3. A 1600m (with 180-degree
development estates go. However, sea views) purchased at
in light of the coronavirus and R950k now valued at
future pandemics, we have decided R7.0 million (7,37 times
to take the health and wellbeing growth).
offering at Blythedale to another Blythedale is a 1000ha eco-
level. It was known to be very smart, mixed use, integrated
important, but lessons many are to safe and secure investment is plenty that makes the North New mixed-use development estate with an abundance of
learning today have made it clear options. The two most common Coast attractive, both literally is on the rise throughout the inspiring natural features
just how important, and it will asset classes that people opt for are and metaphorically. The lifestyle Dolphin Coast. With houses and modern approaches. It
never be taken lightly at future cash and gold. Another asset class one can enjoy (once the world showing growth of 25% in will be 80% off-grid, making
private developments. that might take a hit but usually goes back to normal) in this the last five years, and some it a safe and secure property
bounces back and appreciates is region means residents and freehold sites far exceeding this
Due to several factors, South property, specifically residential holidaymakers want for very little. investment opportunity. One
Africa and many parts of the property in the right location. With almost year-round warm (property24), the popularity of could almost live in isolation
world have been experiencing a Downturns become a blip on weather, it becomes apparent gated estates continues to rise. at Blythedale and still enjoy
recession. This recession is only the steady upward curve of these why the multitude of outdoor This is attributable to reasons a magnificent North Coast
getting worse since the pandemic property values. attractions are so appealing. of investment, lifestyle, safety lifestyle. It has been designed
broke out in our country and Combined with the plethora of and security. The Blythedale with an abundance of features,
lockdown was initiated. However, North Coast Property – a Safe shopping centres and top-quality team aim to combine innovative meaning one wouldn’t have to
what goes down must come up Investment Through Turbulent restaurants, and proximity to technologies with a coastal leave to be able to live. 
eventually, and it is important to Times other KZN attractions, it becomes landscape of supreme beauty,
try ride out the economic tough Besides the obvious – clearer to see the reasons for in one of the most profitable Contact eLan Real Estate for more
times while they last. In times picturesque scenery and beaches families and couples settling property investment destinations information:
like these, people usually turn renowned nationwide – there down in Ballito and beyond. in the country. T: 086 100 2001
E: sales@blythedale.co.za

FACILITATING ACCESS TO PROPERTY FINANCE

everley Mackay is a property property. Her clients’ applications potential homeowners don’t take of communication open and to who are higher income earners
finance specialist whose for property finance are facilitated their credit score seriously and give credit and praise often. “Small but who currently have little
Bentrepreneurial spirit led at no cost to themselves for either don’t realise that an adverse credit tokens of appreciation cost very disposable income due to other
her to establish The Bond House residential properties, which history will be a stumbling block little but mean a lot,” she added. financial commitments.
in 2017. is Beverley’s primary focus, or to obtaining a home loan. They
commercial properties. also often have a lack of knowledge A passion of Beverley’s is that of “In terms of Section J12 of the
“One of the achievements that I around the parameters of the educating potential homeowners income tax act, one can invest
have been the proudest of in my “My extensive expertise in National Credit Act.” about the various requirements in a ‘property owning company’
career is being courageous enough the banking sector, ongoing to qualify for a bond as well as submit a certificate to SARS, get
to go it alone. This confidence training, as well as the personal “A further stumbling block the opportunities available. This the rebate to pay towards the
enabled me to leave a comfortable relationships I have established to obtaining a loan is that self- includes engaging with companies property in year one and year two,
salaried position and establish with key individuals are the basis employed and small business who would like to enlighten their and possibly year three. In year
my own company,” explained on which I have built my business,” owners are seldom prepared, in employees about applying for five, the property can be converted
Beverley. she explains. terms of having a basic income home loans and the opportunities to a sectional title, and you can buy
and expenses, or management that are available to them. or sell the property which is now
Through The Bond House, Beverley also attributes her accounts, or even bank accounts worth more.”
Beverley assists individuals, success to many of her seniors that show what they earn!” “For low income earners, if
couples, and/or employees during her banking career who your earnings are in the range of Although Beverley works
thinking about purchasing mentored her career’s progress. “Many small business owners R3500 to R22000, over the age independently as a consultant,
“They had incredibly good values, often have incorrect attitudes and of 18, a South African citizen, The Bond House is backed by an
were loyal, and approachable, I the expectation that their bank with a dependent or cohabitating association with Multinet Home
guess I was just fortunate.” She should help them. Comments such or married, you qualify for Loans who can process a finance
adds that much of her motivation as ‘After all, I bank with them, they the Finance Linked Individual application through up to eight
has come from the sheer need to should know me’ are frequent.” Subsidy Programme (FLISP). The banks to obtain the best offer
succeed on her own. Their lack of understanding of the FLISP programme is a housing available.
due diligence required to obtain subsidy to assist with purchasing
One of Beverley’s passions is property finance is apparent in a home if you are a first-time When reflecting on her career
educating clients on how to go the reluctance to comply and the home buyer. The subsidy is paid to Beverley said that she wished that
about applying for property she had become independent
finance. Her advice is to start persuasion necessary to send the your bank or financial institution workwise, sooner in her life. Her
preparing early – three, six, or documents requested to Beverley. and will reduce your monthly current goals are to be successful,
twelve months in advance – get “However,” says Beverley, “One loan instalments, making it more remain independent and have
your financial affairs in order, look of my best traits is perseverance, affordable to purchase a home.” ‘enough’. 
after your bank account perilously, and I don’t give up on a client’s Through FLISP you could
and pay your accounts on time. application till the most effort has qualify for a subsidy ranging from Contact Person: Beverley Mackay
been made!” While facilitating the R27 000 to R121 000.
Potential loan seekers should application process, Beverley says There are also some exciting T: +27 (0)82 820 4281
E: beverleym@thebondhousesa.com
Beverley Mackay, The Bond House check their credit score. “Many that it is important to keep the lines opportunities in terms of people W: www.thebondhouse.co.za

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