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R1 billion senior living development confirmed for North Coast in KZN

R1 billion senior living development confirmed for North Coast in KZN

Photo image (Collins/Auria Directors) Collins Residential and Auria Senior Living conclude a landmark deal, setting a new international standard of senior living on the KwaZulu-Natal North Coast. From L-R: Gavin Muller, Murray Collins, Barry Kaganson, Geoff Perkins. 

 

A total investment estimated at R1billion will give rise to a senior living community of international standards at Zululami Luxury Coastal Estate located on the shores of Sheffield Beach, KwaZulu-Natal North Coast. 

 

 

Estate developers, Collins Residential and leading senior living developer and operator, Auria Senior Living have concluded this landmark deal - resulting in a first for both parties, the region and a significant coup for the province.

 

Director Murray Collins, speaking on behalf of Collins Residential, stated that welcoming Auria Senior Living onto the North Coast will have, “A catalytic impact beyond Zululami’s borders. We’re extremely proud of this provincial coup, and welcome Auria with the same vigour and dynamism with which the new generation of active seniors approach and enjoy life.” 

 

The display of confidence by Auria Senior Living conclusively illustrates that the North Coast continues to present as a formidable investment opportunity, with Collins commenting, “Auria’s incredible reputation and quality delivery will contribute to the growth of the greater North Coast footprint. Investment potential within KZN will also be significantly enhanced, and this is certainly a positive indicator for future investment opportunities within South Africa.”

 

This is the first foray for Auria Senior Living into the KZN market - the outcome of five intensive years of research to identify a suitable environment and like-minded partnership. The company has established a trusted reputation for the development, ownership and management of a sizeable and prestigious portfolio of internationally acclaimed continuing care senior living communities in South Africa. The success of their international award-winning flagship community, San Sereno in Bryanston, Gauteng is testament to Auria’s commitment to ensuring residents: “Enjoy their best quality of life, every single day,” CEO  Barry Kaganson comments, describing this sentiment as core to the ‘The Auria Way’. 

 

Auria Senior Living’s community, Coral Cove within Zululami, will consist of a wide range of intentional and beautifully designed residences, an engaging lifestyle and superlative wellness and care offering - all on par with leading international retirement communities. Living options will include independent living (freestanding houses and apartments), tailored assisted living accommodation and extensive dining, recreation and hospitality services, as well as specialised care facilities. 

 

Stressing the importance of choice, Kaganson says: “We put our resident’s lifestyle needs at the forefront, respect their choices and are on hand to provide advice, care and support as required. An appreciation of personal preferences, interests and backgrounds means that our residents and their families choose how they want to live and we will support them.” 

 

Additional bespoke facilities enhancing the community include a heated swimming pool, air-conditioned cinema, entertainment facilities, a top-tier restaurant, coffee shop, fully equipped Wellness Centre, Care Centre and more. 

 

The extraordinary Zululami landscape and lifestyle is integral to the overall offering. Here, all residents enjoy a lifestyle which centres around luxurious yet relaxed coastal living within a rich sub-tropical indigenous landscape that boasts iconic facilities for all to share in. On the appeal and market sentiment specific to Zululami’s latest offering, Murray Collins holds that, “This is a high-end product that will attract locals and foreigners seeking senior living in an unparalleled location. The Auria community will offer an extraordinary level of development, service, hospitality and care. Coupled with access to Zululami’s magnificent environment, the sublime KZN climate, our prized beaches, bush, sporting, cultural and tourism drawcards, this will be, without doubt, the most desirable place to spend one’s finest years.” 

 

Being positioned right on the shores of the North Coast’s warm Indian Ocean puts Auria Senior Living into a league all of its own. Direct beach access to Christmas Bay and Sheffield Beach through Zululami and Collins Residential’s neighbouring Seaton Estate alone, is a major attractor. “We’re unaware of any other development of this nature in South Africa, or indeed globally, with a location as exceptional,” comments Kaganson. “The majority of residences and recreational areas within Coral Cove will have magnificent sea views. Research shows that coastal living has many life-enhancing advantages. The Auria community will have beach access and moreover simply entrenches the fact that the North Coast is currently a highly desirable location” he concludes.

 

As evidenced in all of Collins Residential’s estates, community dynamics have always been front and centre. Collins says, “The ecology of any healthy community must accommodate every stage of life and support the full spectrum of family living. The natural synergy and a shared vision between Collins Residential and Auria Senior Living therefore makes for a ideal partnership, “With multi-generational living as a cornerstone of the Zululami ethos and with Auria’s substantial commitment and investment into the Estate’s third and final phase, Auria Senior Living’s community enhances this dynamic at Zululami, seamlessly closing the generational circle.”

 

As one of the most respected and trusted residential developers in KZN, Collins Residential is recognised for their portfolio of award-winning, upmarket developments located in prime, pristine locations. Zululami Luxury Coastal Estate is one such development. “The Auria team have conducted extensive global research and bring the highest level of international best practice to senior living. Their sophisticated, trusted product perfectly aligns to the Zululami masterplan. This high-end, seamlessly integrated offering will set the gold standard in multi-generational estate living. Auria Senior Living offers the best that the world has to offer and we couldn’t have found a better partnership to complete our vision.” 

Zululami is in the final stage of development, with only 60 land opportunities left and all civil infrastructure due for completion by November 2021. The North Coast’s supply of retirement opportunities is in short supply while demand continues to increase, and the Auria offering will no doubt be a most welcome compliment to the area. “Many people are opting for active ageing instead of retirement – which is becoming something that our parents did. In the U.S., 72 is now considered middle-aged. Collins Residential believes in the importance of remaining active and engaged in one's later years, and this is why Auria Senior Living is an ideal fit for the community at large,” concludes Collins. 

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