The Millennial is prime Umhlanga property offering newly built apartments in the heart of a thriving leisure, business and residential area. We’ve created a modern development with estate facilities geared towards young professionals. This is where you can be on top of your game with access to everything you need close by.
Our new Umhlanga development is a premium residential address within walking distance to Gateway and Park Square. The Millennial offers exceptional value to residents and investors in Umhlanga’s appreciating property market. A good investment is all about ensuring your money is able to earn profits. It’s about value, getting more than a simple purchase.
The Millennial delivers on all fronts in a development designed for the needs of today’s millennials. As a savvy, young professional you will have convenient access to fast speed wi-fi and our work-from-home facilities. You will have the opportunity to socialise at our communal clubhouse and pool area or at the trendy ground floor café.
Convenient apartment packages
The Millennial has had resounding success since launch, with select studios and all 1 and 3-bedroom apartments already sold out. We currently have studio and 2-bedroom apartments available with our starting price under R1 million. To secure our final opportunities, all you will need is a R10 000 deposit. An added benefit is that because you are purchasing direct from the developer, you will not need to pay transfer duty.
Each apartment has built-in cupboards to make your move a seamless one. We’ve done the research and those moving into Umhlanga Ridge Town Centre want a convenience. In order to deliver a hassle-free lifestyle, Avoca Developments has an appliance and furniture package available.
Within your apartment, you will also receive convenient perks. Energy saving features including a solar roof supplement, gas hob and hot water generation. If you’re worried about extra storage, we also offer storage rooms to purchase on each floor.
Investment
Whether you’re a resident or an investor, The Millennial is going up in value in Umhlanga’s appreciating property market. We’ve tracked that over the last decade property values in Umhlanga have doubled, going up by 94%. As property prices increase, earning rental income in this in-demand area will bring competitive returns.
The Millennial, with its in-house facilities and secure entry points is considered an estate within Umhlanga. Across the country, estates are in high demand for the superior lifestyle that residents can benefit from. We’ve tracked that over the last year in Umhlanga, properties within estates have achieved a 105% price premium over those located out of an estate. Your property value and re-sale value will benefit immensely from being within our Umhlanga estate.
Live securely knowing your property asset is protected and appreciating within Umhlanga’s sought-after location. While interest rates have peaked in the last few months, it is important to note that we’re at the tail-end of a series of adjustments. By the end of the year, the only thing going up will be your property value at The Millennial!
Walkable neighbourhood
Situated within walking distance of Park Square and Gateway Theatre of Shopping, you can live a convenient European lifestyle. Walk to your heart’s desires to grab drinks with friends at Capello’s, or your daily groceries at Spar. There are plenty of restaurants, trendy bars and cafés in the area. Shopping will be effortless with all your favourite brands and Mr D food options just around the corner at Gateway.
Fitness upgrade
You can keep up with your daily fitness regime in this secure precinct. Virgin Active is within 1km of The Millennial. Spending less time in your car means more time for outdoor activities. By living within Umhlanga’s thriving business hub, you have plenty of time to focus on your lifestyle and health goals.
You also have the benefit of enjoying daily runs along the Umhlanga Ridge Town Centre roads surrounding The Millennial. Elevate your run by crossing the road to Chris Saunders Park or head to the Fitness park on Millennium Drive.
The Umhlanga Ridge Town Management Association manage security and maintenance of the larger neighbourhood precinct. You will see security guards and patrol vehicles, along with well maintained parks and facilities. This will allow you to ‘sweat’ about your fitness routine and not your safety!
Construction is complete and occupation is confirmed for mid-September 2023. Keen to know more? Get in touch with our sales agents to secure your apartment in Umhlanga’s high-performing investment node.