Prominent Ballito office park on auction

Posted On Friday, 04 July 2014 15:57 Published by
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The national Property specialists' In2assets have been afforded the opportunity to showcase a prime Investment Property at its upcoming Commercial Property Auction on 29 July 2014.

Ballito

The Property is a Business Park which is located along Moffat Drive within Ballito's Office Park. Neighboring businesses include amongst others Build-It, BMW, Tile Africa, Bathroom Bizarre, Ford Motor Dealerships and the soon to be completed Virgin Active.

The Ballito Buzz Office Park consists of 6 sectional title units of which five, with a combined General lettable area of 1,603 m², will be sold at the 29 July Auction. One section has been divided into 5lettable areas which creates a total of 9 tenant opportunities. 4 of the 9 are currently tenanted.

There are 42 exclusive parking bays for the 5 registered sections. The secret of Ballito being a charming and quiet holiday retreat is long out and today we bear witness of a buzzing town which has ballooned exponentially.

The repositioning of the regional King Shaka International airport and the birth of the Dube Tradeport has reignited investor confidence in the Kwazulu-Natal NorthCoast and in particular Ballito and its surrounding Industrial and #commercial nodes. The most prominent of these nodes is the Ballito Business Park which allows easy access to the N2 via the newly reconstructed interchange.

The Park is located alongside the N2 and this prominent position gives businesses the benefit of prime brand visibility. "The Ballito Business Park is another great mix use development zone for the Kwazulu-Natal coast", said Carl Kleinhans.

"The Riverhorse development initiative along the N2 in Durban has proven incredibly successful and it's almost unbelievable to learn that there are no more development sites available there". Kleinhans, who is the Head of Commercial for In2Assets, referred to the Ballito Business Park as being another opportunity for big business to establish themselves within proximity of the Dube Trade Port and the King Shaka International Airport.

"We are aware of several Blue Chip companies who will be establishing themselves in the Ballito Business Park. Land is being snapped up here rather fast because it is still quite affordable. It is all about growth and vision and I think that any savvy property investor would jump at the opportunity to join us at the Auction of The Ballito Buzz Business Park".

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