THE area north of Durban is emerging as one of SA's strongest property investment nodes, with high sales volumes in the commercial and industrial sectors.
DURBAN The wraps came off a R135m Ballito business park and shopping centre development this week, highlighting how the holiday destination is burgeoning into a permanent residential north coast town.
THE realisation in the early 1990s that the area north of the Umgeni River cried out for residential, industrial and commercial developments paved the way for La Lucia Ridge Office Estate.
MARITZBURG Two prominent old Maritzburg landmarks will undergo substantial renovation.
DURBAN KwaZulu-Natal experienced relatively indifferent growth last year, but a clearer direction and a long-awaited goahead on several major development projects will lift the provincial property market in 2001.
DURBAN Isithebe industrial estate, midway between Durban and Richards Bay, is emerging as a focal investment point in KwaZulu-Natal for the textile and clothing industry.
DURBAN A combination of good land prices and government incentives is attracting substantial industrial investment to the outlying area of Waterfall, between Durban and Maritzburg.
New road the key to proposed projects
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Leases worth R47 million and for more than 52 600m² were signed by Old Mutual Properties in greater Durban in 2000.
IF you though the hottest business sector in the Cape were its tourism industry - fuhgeddaboutit.
THE Western Cape's information technology sector, currently the country's second largest behind that of Gauteng, is well on its way to becoming a global hub and an IT gateway to Africa.
A R3m incubation centre designed to help start-up technology companies has been opened by the Cape Town Information Technology Initiative (Citi).
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