Zimbali Lakes Resort is continuing to attract attention showcased by exceptional sales of nearly R300 million in sales during 2025, plus its master developer IFA Hotels & Resorts (IFAHR) deepened its commitment with a R1.2 billion cash injection in late 2025. This capital is specifically targeted to accelerate the development of key assets over the next 18 months, with many slated for completion by 2028. This confidence is echoed by financial partners, with Absa's Corporate and Investment Banking reaffirming its support for the visionary project. Absa's Corporate and Investment Banking (CIB) division confirmed a R1 billion funding partnership with Zimbali Lakes Resort with Somaya Joshua, managing executive of commercial property finance, calling it a “bold and visionary development” that “underscores our confidence in the project's potential to drive growth in the KwaZulu-Natal property market.
The new R1.2 billion in funding from IFAHR will be used to accelerate development across the estate over the next 18 months which will include:
- The Zimbali Lakes Clubhouse
- The Zimbali Square Retail Centre
- The Zimbali Sports Club
- The Ernie Els Suites and Avanti Residences, and
- The TSC Supercar Showroom & Vault.
On-site progress is well underway, with all bulk earthworks and services projected for completion by December 2026
A key driver of the sales record is the successful launch of two additional high-end residential concepts namely Ernie Els Suites, and The Avanti Residence. These additional developments complement The Ridge which features 258 freehold stands (800–1700sqm) showcasing contemporary eco-conscious architecture, alongside 26 PUD sites with 280 sectional title units. Additionally Evergreen Village will encompass 750 Life Rights retirement units with on-site healthcare, assisted living, frail care, and recreational amenities whilst Tatali encompasses a collection of residential offerings (This range of residential offerings were outlined in Local Real Estate’s newsletter July 2023).
Comprising a collection of 57 apartments priced from 1.8 million (1 bedroom) to R 8,1Million for a 3 bedroom penthouse the Ernie Els Suites are already 95% sold. The Avanti residences comprising 63 Apartments, Duplex and Penthouse residences which will be positioned above the TSC Supercar Showroom and Supercar Vault, were released in August this year. These luxurious residences range in price from R2.45 million to R17.5 million and 9 unts have already been sold. This exclusive development will also include the TSC Skybar and Restaurant, as well as various boutique and retail amenities. The TSC Supercar Vault, will be a climate-controlled facility operated by supercar specialists RACE!
Strategically positioned alongside Avanti Residences and the TSC Supercar Vault, Zimbali Square is a precinct that will span 15 000 sqm of contemporary, open-air retail and dining space. Anchored by Checkers, Dis-Chem, and Woolworths, the precinct will feature a curated selection of premium tenants, blending shopping, leisure, and lifestyle in one destination.
Since its opening in April, the Ernie Els Signature Course has hosted over 9200 golf rounds and has already hosted several high-profile tournaments including the Sharks vs Saracens Charity Day, SA Rugby Union Invitational, and the BCX SuperSport Shootout clearly demonstrating it is set to be one of South Africa’s premier golfing venues.
With record sales, a massive capital injection, and a pipeline of world-class amenities nearing completion, Zimbali Lakes Resort is set to grow exponentially over the next 18 months. Defining a new echelon of estate distinction demand for a stake in this exclusive coastal resort is expected to steadily intensify.
For Further information on the options available at Zimbali Lakes Resort contact Ian Naidu on Cell: 076 941 1838 or email: [email protected]