So says Dina Porteous, area principal for Pam Golding Properties.
"A gap in the market for a light industrial development such as this was identified by local developers, Erich and Marlene Bense, owners of Fawlty Towers Trading, following numerous enquiries from business owners wishing to settle in the area who found no suitable facilities available to cater for them," says Porteous.
She has noted a growing trend among those wanting to relocate to this area - attracted by the strong community spirit and appealing family-oriented lifestyle of the area, which simultaneously provides an opportunity to sustain a business.
To be situated in the Shelly Junction Business Park, ideally located just off the N2, the new mini-factory development comprises approximately 3000sqm in total. A key feature for business owners is that the land has commercial and light industrial zoning, including retail rights, with the modules being built from 50sqm upwards in size, depending on the client's requirements. A mezzanine floor can be added as the modules are double volume, making it convenient for businesses to have their showroom and factory on the same premises.
Says Herman Botha-Bosch, sales manager for Pam Golding Properties Margate: "While aimed at upmarket clients, this project is competitively priced at approximately R6000 per square metre. The modules will be sold as sectional title units or alternatively can be leased. Investors can expect the same high standard as the many developments previously built by this company, which prides itself on going the extra mile to ensure quality workmanship."
Having lived on the south coast for most of their lives, Marlene and Erich Bense have been involved in the property industry for about 40 years. Marlene handles planning, zoning, quantity surveying and design, personally drawing each plan for various projects. Over the past 40 years they have worked towards upgrading and reconstructing Shelly Beach, as evidenced by the prestigious beachfront complexes and business parks which have previously been constructed.
"In all our development projects we have strived to keep prices reasonable, leaving room for investors to gain as well, and we remain involved in each project years after completion, when necessary," says Marlene.
The developers expect to start taking offers from January 2010 and building is estimated to be completed by December the same year.
MTN has already snapped up the opportunity to invest into Shelly Beach's hub of development and their soon-to-be-built, R250 million MTN call centre will neighbour Shelly Junction.
Publisher: eProp
Source: PGC

