Estate Living Magazine Alfresco Living - Issue 36 December 2018 | 页面 12

Choices, choices … so where will it be?
Durban is expanding to the north at an incredible rate, so the centre
of gravity for industry and commerce is also moving north. And along
with that development comes improved transport infrastructure,
so the big decision you need to make when deciding on where to
invest in a property for business trips is to balance distance from
KSIA and the traditional city centre – bearing in mind that, over the
next few years, the bulk of your business may progressively move
further north.
The Gateway and uMhlanga areas are practically the de facto
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new CBD, with the added advantage of easy access to central
Durban and the airport – and the bonus of proximity to the beach
and fabulous sea views along with high-end shopping, restaurants
and entertainment – so a property here could bring in some extra
income for the company through leisure rentals. And for apartment
living, you’re spoilt for choice. Le Boulevard, a modern residential
apartment block in the heart of uMhlanga Rocks and centrally
located between the Gateway Theatre of Shopping and the popular
uMhlanga beachfront and promenade, is priced from R999,000. It’s
ideal for that quick early morning run before work or a dip in the
ocean after a busy day of meetings and negotiations.
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Currently under construction and set for occupation in October
2019 is Summer Park Umhlanga at prices ranging from
R1.36 million for a one-bedroom apartment to R1.77 million for
the two-bedroom option. Its location on the Ridge means easy
access to the region’s all-important business hub, transport links,
and also shopping, restaurants and entertainment, so it’s great for
work, but also convenient for leisure. Another fabulous apartment
complex being developed on the Ridge is Central Park, which
will include a hotel and a variety of world-class facilities, as well as
fabulously appointed one-, two- and three-bedroom apartments. It
is being developed in three phases, with Phase 2 currently under
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construction. All the one-bedroom apartments have been sold, and
prices start at R1.45 million for a two-bedroom, one-bathroom unit.
Keep your eye out for Phase 3.
Inland from uMhlanga Ridge is Cornubia, a mixed-use urban
settlement area that is transforming the landscape with the huge
Cornubia Regional Shopping Centre, mixed commercial and
industrial development, and a host of residential opportunities
from R600,000. While these are still in the planning stages,
they are worth considering, as buying off-plan offers the added
benefit of no transfer duty. Conveniently situated smack in the
middle of the Northern Urban Development Corridor, and a mere
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seven kilometres from KSIA, these properties are particularly