Could KZN’s North Coast be the next big thing
If you are looking to buy property in Durban for business reasons, then you might want to consider what is currently happening in the North Coast of KZN. Many business are staking their claim in what could be a huge growth in just a few years to come.
Are you looking to buy property in Durban for your business? Keep your eyes on what is going on in the North Coast of KZN, many investors are getting excited at the possibilities that this area holds, and in this article we take a look at why this is.
Approximately 10 years ago, this area was earmarked by Provincial and National Government as the next biggest growth area for the country. Being very well positioned between two popular port destinations Durban, and Richards Bay. Not to mention the completion of King Shaka airport, acting as a springboard into Southern and central Africa.
Mark Johnson, Licensee of Seeff North Coast explains why he believes the North Coast is a sleeping giant “It is now abundantly clear to all that we are seeing the results of this strategy and vision becoming a reality, and I believe that we are sitting on the cusp of the next big surge. Change is often slow to start, but once a planned strategy has broken through the initial phase of skepticism the uptake and growth can become exponential.”
There are a few key drivers that lead the experts to believe that the North Coast is going to be hot property, one of them being semigration. More businesses and business owners are relocating their families to the North Coast, and with new schools, the airport and hospitals it is easy to see why. Another benefit is the temperate climate, as well as featuring retail centres and plenty of recreational options.
It has also been predicted that about 12 000 houses are expected to be built in the space of around 7-8 years, playing into the theory that this will be a prime destination.
