This new up-market block offers investors and small businessmen the opportunity to own a 25m² Business Module that will have access to a 650m² Business Hub.
The Business Hub will feature a high tech PABX system with a permanent receptionist and full secretarial service. This will eliminate the overhead cost of having full time staff and installing a separate system. Other facilities include wireless internet and a fully equipped boardroom with LCD screens, conference call facility and projectors for those all important presentations. Tenants and owners will be able to relax in a state-of-the art business lounge equipped with LCD screens showing the latest business news feeds. For those who require a more substantial meal, an onsite refreshment counter will serve everything from coffee to cool drinks to muffins to keep the brain alert and the hunger pangs at bay.
“For a very small business centre levy, investors get access to all these facilities. The Business Hub is where you will meet your clients, do presentations and brain storm. It will have everything that opens and shuts” said Greg Cryer, Director of Key Developments, co-developers of the project.
The Worx Zone can also be used by businesses based in other South African cities as a satellite office. Investors may also buy more than
Situated in the heart of the popular Umhlanga Town Centre, the development is easily accessible from the N2. Tenants and owners can also take full advantage of the numerous banks, gyms and restaurants in the area. Gateway Theatre of Shopping, the Crescent Shopping Centre and Umhlanga Hospital and Medical Centre are only a stone’s throw from the development. Durban International Airport is a 20 minute drive away and once completed the new King Shaka International Airport will be a mere ten minutes away.
The Worx Zone will create a stimulating work environment for people who crave interaction with other like-minded individuals. Cryer said it will be a beehive of entrepreneurs and professionals who can exchange ideas and feed off each other.
Two kinds of buyers are being targeted – those who want to buy to let and those who want to buy to use. He said, “We are expecting a 10% return for investors and by the 3rd quarter of 2010 we predict rentals to be around the R155 per square metre mark.”
The Work Zone is being developed jointly by Growthpoint and Key Developments and sold and marketed by the eLan Group. The launch will be held on May 7 where the 25m² Business Modules will be on sale for R499 000.
Publisher: eProp
Source: eLan

