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World First for KZN Coral Cove Retirement Community Launched

This luxury residential development in KwaZulu-Natal North Coast raises the bar for those seeking a comfortable, hassle-free lifestyle in their older years. Located on the KwaZulu-Natal (KZN) North Coast, Coral Cove by Auria Senior Living, is a significant retirement development to be located in Zululami Luxury Coastal Estate, on the shores of Sheffield Beach.

With advancements in medicine and a focus on healthy lifestyles, people are living substantially longer. According to the World Economic Forum, in an article published in 2021, ‘’Global life expectancy at birth has now topped 70 years for men, and 75 years for women. And the population living to 100 and older is predicted to grow to nearly 3.7 million by 2050, from just 95,000 in 1990.’’ The number of adults over the age of 80 is predicted to triple by 2050.

A well-planned and comfortable lifestyle is therefore necessary to enhance and enjoy an exceptional quality of life in one’s senior years. Coral Cove provides this, and more, and is the first development of its kind in KZN. ‘‘Given the growth on the North Coast over the past few years, the provision of lifestyle environments for senior citizens hasn’t been catered for fully, and Coral Cove is the first to comprehensively address this need,’’ says Auria Senior Living CEO, Barry Kaganson.

He explains that Continuing Care Retirement Communities, (CCRCs), such as Coral Cove, are purpose-built, secure residential communities in which older adults can live an enjoyable, hassle-free life with access to a wide variety of hospitality services, amenities, care and support. Auria Senior Living owns and operates CCRCs throughout South Africa, and has received numerous prestigious international awards, placing them amongst the best in the world.

Currently, the KZN North Coast has limited retirement facilities, few of which offer a continuum of care with amenities and services as extensive as offered by Auria Senior Living. As a result, there has been strong interest from older adults on the KZN North Coast. Interest from those who are planning to, or have retired on the South Coast, Upper Highway and Midlands area and who want to be closer to family and amenities in the KZN North Coast node, has been high, with enquiries coming from the Gauteng and Western Cape markets on the table too.

Coral Cove offers intentionally designed freestanding garden villas, maisonettes, semi- attached garden villas and apartments to suit independent living and assisted living as residents may require. The majority of these properties offer sea views, with research showing that coastal living has many life-enhancing advantages. Coral Cove, according to Kaganson, “will be, to the very best of our research and knowledge, the only senior living community of its kind in the world with direct beach access to the pristine north coast shoreline.” Pricing ranges from R1,690m for apartments to R3, 360m for villas.

This residential community forms the third and final phase of acclaimed Zululami Luxury Coastal Estate, a premium residential estate developed by Collins Residential. On completion, Coral Cove will comprise 21 hectares housing 230 residences within the larger 160-hectare community.

This leading retirement community will offer extensive lifestyle facilities, such as an outdoor and indoor heated swimming pool, air-conditioned cinema, entertainment facilities, a gourmet restaurant, coffee shop, fully equipped wellness centre and state-of-the-art care centre, catering for frail and dementia care. The Care Centre will be operational as the first residences are occupied.

Auria Senior Living (Auria) develops, owns and manages a portfolio of senior living communities throughout South Africa. The company is setting a new benchmark in the continuing-care community for the over-70s, providing for the intellectual, emotional, social and physical needs of its residents, in attractive and well-located environments. Auria’s current portfolio includes the award-winning San Sereno in Bryanston; the magnificently revamped Melrose Manor in Melrose; the recently acquired Woodside Village in Rondebosch and two new purpose-built communities: Royal View, a 122 apartment senior living development on the Royal Johannesburg and Kensington golf course in Sandringham and now Coral Cove, a breath-taking senior living community at Zululami Luxury Coastal Estate on the shores of Sheffield Beach, KwaZulu-Natal North Coast.

Estate developers, Collins Residential, have welcomed Auria Senior Living, saying their confidence in entering the KZN market is testament that the North Coast presents an investment opportunity in a market that is still underserviced, particularly in this part of the region.

‘’Coral Cove is an attractive location for local citizens, semigrants and foreign buyers seeking senior living in a desirable location close to nature,’’ says Murray Collins, director at Collins Residential, the estate developers.

Visit: www.auria.co.za/coral-cove/ or contact Leon Smith leon@smithsprop.co.za | (083) 327-2903 to enquire.