HIGH STREET AUCTION CO.
HIGH STREET AUCTION CO.
Dart says that the upswing in the Mid-South Coast, led by developments such as JSE-listed Crookes Brothers’ Renishaw Hills, Serentiy Hills and Umdoni Point estates, together with plans to build small craft harbours at both Scottburgh and Hibberdene, is just the beginning of a far larger property awakening along the South Coast which is home to the majority of the country’ s blue flag beaches.
KwaZulu-Natal’ s North Star
Dart says that the North Coast, which has driven rapid economic development in the region for over two decades on the back of the opening of the King Shaka Airport and surrounding Dube TradePort and aerotropolis as well as key logistics and warehousing nodes such as Riverhorse Valley and Cornubia is a priority for High Street.
Proximity to the airport and South Africa’ s busiest and largest container port, make this a strategic investment hub. The large Stanger property that is suited to warehousing, light manufacturing or logistics that is due to come under the High Street hammer on September 25 is likely to be the first of many.
The KZN North Coast has also seen residential and tourism-based development with the soon-to-open Club Med development by Umhlanga-based Collins Residential together with the evolution of the Sibaya Coastal Precinct and Zimbali Lakes Development creating a great deal of anticipation.
Chris du Toit, project lead for the Club Med South Africa development commented:
“ The Club Med development and other residential and mixed-use developments in the area will change the North Coast forever. We are really excited about where the tourism market is heading and anticipate significant secondary market developments in all the nearby precincts. The influx of international guests will create very strong market dynamics for the region.”
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