Location, Location, Location is often heard in relation to property and nowhere is this more true than in Durban Metro Commercial property and Industrial property. Location is key in deciding where to situate a commercial enterprise.
Durban is the best run city in South Africa and has an award winning Municipality. Durban Metro has received investment grade credit ratings of AA+. At it's heart is Africa's busiest port and container depot. Durban is known as the top conferencing city in South Africa as well as a leading sports and tourist destination. All these attributes factor into the decision making process for the commercial property investor in choosing the right location that will optimise his business. In addition to this Durban offers a lifestyle where its first world infrastructure, established businesses, mild climate and sporting facilities combine to make it an unbeatable location to live, work and play.
Durban is the gateway to South Africa's most populated province. KwaZulu Natal's 3.5 million inhabitants offer a large pool of skilled, semi skilled and unskilled labour from which commerce and industry can draw.
More than 65% of the Province's GGP is produced within the boundaries of this 2300 square kilometre city - business sectors include manufacturing, tourism, services, maritime, logistics and agricultural industries - the second largest business and industrial base in SA provides many options for employers and employees. The well established infrastructure of road and rail networks, electricity distribution, the port, and the recently opened King Shaka International Airport all service established Commercial and Industrial nodes as well as vacant land waiting for development.
The recently developed areas along the north coast such as Briardene Industrial Park, Riverhorse Park, Gateway and the La Lucia Ridge precinct have created decentralised commercial and industrial investment property opportunities which offer modern first world offices and warehousing facilities. The migration from the older and more established commercial and industrial zones has created further investment opportunities for property entrepreneurs.
Commercial and Industrial nodes south of the CBD include Clairwood, Bluff / Wentworth, Jacobs, Mobeni, Merebank and Southgate.
Durban Commercial and Industrial property nodes west of the CBD include Westmead, Pinetown, New Germany, Hillcrest and Cato Ridge.
Commercial and Industrial nodes north of the CBD include Umgeni Business Park, Springfield Park, Sea Cow Lake, Riverhorse Park, Glen Anil, La Lucia Ridge and Umhlanga / Gateway, Mount Edgecombe and Phoenix Industrial.