OUR LEGACY.
I N D E X
OVERVIEW THP
OVERVIEW OF SA
KWAZULU-NATAL FOCUS
SUCCESS STORIES
I N D E X
TONGAAT HULETT PROPERTY
INVESTING IN SOUTH AFRICA
WORKING WITH THE BEST
2
000
Innovation, vision and dedication have been paramount to the Tongaat Hulett
Property journey. Over the last 30 years, Tongaat Hulett Property has been
the custodian of transforming agricultural land and has partnered with key
developers, businesses, and Municipalities to create growth and development
across various sectors within KwaZulu-Natal. Tongaat Hulett Property has
been behind the infrastructure and site establishments of various new, catalytic
nodes. Vacant land now has a purpose for the region and generates income
for the Municipalities across this province. Tongaat Hulett Property is not only
answering market demands but is also transforming the economy having
generated approximately R700 million of rates revenue for Municipalities and
created 30 000 permanent jobs.
Our Achievements:
4 000
hectares
of land
converted, developed,
occupied and operating
500
hectares of
industrial
platform (Equivalent to
1 000 rugby fields)
R1,5 billion in
infrastructure
spent over the past three years
R70 billion
has been invested into
the region
since 1990
1 million
square
metres
of commercial facilities
developed
5 000 new
families
attracted to the region
through the development of
S O U T H
A F R I C A
D U R B A N
J O H A N N E S B U R G
While facilitating investment within KwaZulu-Natal, Tongaat
Hulett Property has partnered with various consortia across the
globe. There is a shortage of housing, substantial commercial
property and infrastructure to accommodate the growing
populations. Through these strategic partnerships, Tongaat
Hulett Property has managed to pioneer substantial growth and
development in South Africa.
In order to have achieved greatness, Tongaat Hulett Property has affiliated with many leading local and international organisations. It has spearheaded innovative infrastructure and already achieved exceptional development results. Below is a list of the longstanding partnerships it has established over the years.
Established in 1856, the Durban Chamber of Commerce and Industry NPC is a business-based and member-focused organisation that works to protect and promote the interests of the eThekwini business community. Aligned with Tongaat Hulett Property, they aim to invigorate policies, interests, offer support for businesses within these developments, and provide empowerment through the form of reliable information.
Strategically positioned at the intersection of local and global intermodal transport routes, Dube Tradeport will lead commercial and industrial growth within KwaZulu-Natal. Hosting five business zones, Dube Tradeport will have a 12-hectare premium business and hospitality precinct, dedicated smart cargo handling facility, an industrial precinct of 300 hectares pursuing electronics, pharmaceuticals and aerospace manufacturing, assembling and distribution, agricultural precinct and telecommunications platform.
D U R B A N C H A M B E R O F C O M M E R C E A N D
I N D U S T R Y N P C
D U B E T R A D E P O R T
W O R K I N G W I T H
T H E B E S T
The local Municipalities facilitate and make provision for infrastructure, services and support for the local community. Tongaat Hulett Property engages with eThekwini, Ilembe and KwaDukuza Municipalities on joint planning and delivery of social facilities, as they both strive to enhance the province holistically. Together, this partnership explores unconventional methods of delivery of educational facilities with possible public-private collaboration.
Creating an inclusive province, GO!Durban is eThekwini’s public transport system that has been designed with a holistic view towards connecting the city and improving the lives of KwaZulu-Natal’s citizens. In conjunction with Tongaat Hulett Property, GO!Durban aims to provide a safe and accessible transport system through various mixed-use developments within the province.
L O C A L M U N I C I P A L I T I E S
G O ! D U R B A N
As a registered B-BBEE Level 1 non-profit and social benefit company, the South African Institute of Black Property Practitioners (SAIBPP) is a revolutionary driver in the property sector within the country. Their partnership with Tongaat Hulett Property aligns in transforming the economy by helping initiate change through policy advocacy, education, training, enterprise support and development.
Trade & Investment KwaZulu-Natal (TIKZN) was established to promote the province of KwaZulu-Natal and position this region of South Africa as an investment destination. As an inward investment promotion agency, Trade & Investment KwaZulu-Natal focuses on the key sector of tourism and property development within the province, making its partnership with Tongaat Hulett Property invaluable.
S O U T H A F R I C A N I N S T I T U T E O F B L A C K
P R O P E R T Y P R A C T I T I O N E R S
KwaZulu-Natal landscapes are known for being lush-green
and picturesque. Rich in culture and history, KwaZulu-Natal is
a melting pot of cultures, home to the Zulu nation and the royal
seat of the Zulu monarch. This province offers subtropical coastlines
and wetlands, rolling green hills, and alpine escarpments.
As South Africa’s Garden Province, KwaZulu-Natal is considered
the second largest contributor to the countries GDP. Economically
powerful with various industrial proficiencies and richly arable land,
KwaZulu-Natal is a province of ability, growth, and investment.
S U C C E S S
Situated between uMhlanga and uMdloti, the Sibaya Coastal Precinct spans across 1000 hectares of coastal land.
uMhlanga Ridgeside and uMhlanga Ridge Town Centre comprises prominently of commercial, residential and mixed-use opportunities and is home to the world-class Gateway Theatre of Shopping.
Home to Blue-chip companies, La Lucia Ridge Office Estate spans across 84 hectares and is internationally acclaimed.
S I B A Y A C O A S T A L P R E C I N C T
U M H L A N G A R I D G E S I D E &
R I D G E T O W N C E N T R E
L A L U C I A R I D G E O F F I C E E S TAT E
S T O R I E S
Situated a mere 17km from the Durban City Centre, Bridge Cityconnects the communities of Inanda, Ntuzuma, KwaMashu and Phoenix to the broader city.
Mount Edgecombe Country Club Estate 1 and 2 has created 1 172 homes for families.
This precinct is a catalytic project comprising a 1200-hectare area that incorporates industrial, commercial, residential and open spaces.
B R I D G E C I T Y
M O U N T E D G E C O M B E C O U N T R Y
C L U B E S T A T E 1 & 2
C O R N U B I A
This precinct is a catalytic project comprising a 1200-hectare area that incorporates industrial, commercial, residential and open spaces.
I Z I N G A R I D G E
This business estate has emerged as a Blue-chip facility, strong in its design and management, which has translated into highly valued and sought-after property within its borders.
R I V E R H O R S E V A L L E Y
B U S I N E S S E S T A T E
KWAZULU-NATAL
T H E B E S T O F
O U T E R
W E S T
FUTURE
PIPELINE
RELEASING
LAND WITHIN
• All development rights in place for the Retail and Urban Core • Construction of new 85 000m² regional shopping centre Mall
of the West envisaged to commence in February 2022 with Bulk Earthworks to commence in August 2021
• Commitment from eThekwini Municipality to bulk infrastructure required to unlock first phase
Within the Outer West of KwaZulu-Natal sits the picturesque greenery that engulfs the Valley of 1000 Hills. A key location within KwaZulu-Natal, the Outer West links Durban to the economic regions of provinces such as Gauteng and Free State.
MILESTONE
• Ntshongweni Retail and Urban Core
- 50 000m² mixed-use GLA with several parties • Office and residential packages being
assembled for market engagement
• Strong logistics and commercial interest in future phases
MARKET
ACTIVITY
1 042 HECTARES
• Retail and Urban Core Future Rights - 20ha • Mixed-use Precincts - 82ha
• Lifestyle and Integrated Residential - 614ha • Logistics and Business Park - 161ha
• Integrated Residential, Recreational and Environment - 108ha • Residential Infill - 57ha
D E C L A R E D A S A
C A T A LY T I C P R O J E C T
B Y B O T H A N DE T H E K W I N I M U N I C I PA L I T Y
K Z N P R O V I N C E
O U T E R W E S T
DEVELOPMENT
& COMMERCIAL
FOCUS
:
44HA
NTSHONGWENI URBAN DEVELOPMENT RETAIL AND URBAN COREMIXED-USE
430 000M
2
GLA
NTSHONGWENI RETAIL AND URBAN CORE
Page 1
NTAV/01 NTFP/01 NTRUC/01 NTLR/01 NTLP/01 NTLR/01 NTLR/02 NTLP/01 LOGISTICS PARK NTAV/02 NTAV/03 NTFP/02 NTKS/O1 Giba Gorge Office Park Hillcrest Private Hospital CAPITAL APPRECIATION PER ANNUM CAPITAL APPRECIATION PER ANNUM CAPITAL APPRECIATION PER ANNUM (2011 to 2020) (2011 - 2020)
3% - 5%
5% - 6%
6% – 14%
AVERAGE PRICE POINT
2020 AVERAGE PRICE POINT
AVERAGE PRICE PER M2 2020 AVERAGE PRICE PER M2
R1,675 – R2M
R1,450m – R1,510m
R306 – R595
R10 718 – R13 100
SECTIONAL TITLE FREEHOLD HOME FREEHOLD LAND85 000 m
2
REGIONAL SHOPPING CENTRENtshongweni Urban Development has been declared as a ‘Priority Project’ by the eThekwini Municipality, with support from the KwaZulu-Natal Department of Economic Development, Tourism and Environmental Affairs. This catalytic project will be at the forefront of the Outer West region and is enhancing the urban fabric where countryside, city and community meet. Featuring zoning that comprises residential, business parks, light industrial, retail, and urban mixed-use areas, this 2000-hectare development aims to provide an offering that envelopes all sectors.
N T S H O N G W E N I U R B A N
D E V E L O P M E N T
R 3 2 8 5 6 4 6 0 0 0
TO JOHANNESBURG & PIETERMARITZBURG TO DURBAN KASSIER R OAD TO GIBA GORGE M13 N3 TO HILLCREST SUMMERVELD MALL OF THE WEST MIXED USE LOGISTICS URBAN CORE RESIDENTIAL RESIDENTIAL RESIDENTIAL RESIDENTIAL20 000
HOMES OVER TIME
50%
RECREATIONAL OPEN SPACE
Total value of residential transfers from May 2020 – April
RESIDENTIAL
TRANSFERS
6,7%
R110 – R138
PER M2SAPOA REPORT:
OCCUPANCY INCREASE A-GRADE OFFICE RENTAL PRICE
COMMERCIAL - RENTAL PRICE 2020:
INDUSTRIAL - RENTAL PRICE 2020:
RENTAL PRICES ACHIEVED:
R12 000 – R17 000
PER M2R6 000 – R8 000
PER M2R50 – R80
PER M2100ha
LOGISTICAL ZONING An additional 38 600 residential units need to be provided by 2030, which equates to 257 hectares in total across the entire Outer West region.RESEARCH INSIGHTS
L A N D
I N V E S T M E N T S
D E M A N D
O P P O R T U N I T I E S
“
The natural beauty of the area is key to the development vision. The development will
preserve the extensive green spaces, connect residents to outdoor resources and at the same
time provide well-planned amenities and services.
“
• Logistics
• Light Industrial (logistics, transport stops, distribution centres, tyre head quarters, storage solutions) • Showrooms
• Co-working spaces • Automotive
• Large community centre
• Retail convenience stores and supermarkets • Entertainment (Outdoor activities)
• Schools and colleges
• Early childhood development education
• Click and collect points for online retail • Value centres
• Medical facilities (additional hospital) and specialist rooms
• Health and wellness nodes
• Affordable apartment opportunities • Retirement offerings
OVERVIEW OF NTSHONGWENI LAND PARCELS
FROM
90 943
(2011)POPULATION GROWTH
TO1 4 2 7 7 2
(April 2021)462
(2011 to 2020)500 000 m
2
COMMERCIAL SPACE30km
FROM DURBANNEW ADULTS MOVING INTO THE OUTER WEST PER MONTH
COMMERCIAL
RESIDENTIAL
(2011 - 2020)
ERF NO. PROPERTY DESCRIPTION PROPOSED USE
NTLR/01 Rem of Ptn 24 of the Farm Summerveld No. 4226 Residential
NTLR/02 Rem of the Farm Kirkfalls No.14227 Residential
NTAV/01 Rem of the The Farm Shongweni No 15346 Residential
NTAV/02 Ptn 6 of Erf 79 Assagay Residential
NTAV/03 Rem of the Farm Botha’s Hill Halfway House No. 921 Residential
NTFP/01 Rem of the Farm Kirkfalls No.14227 Mixed-use
NLFP/02 Rem of Ptn 24 of the Farm Summerveld No. 4226 Mixed-use
NTLP/01 Rem of the Farm Kirkfalls No.14227 Industrial
NTKS/01 Rem of Kirkfalls No. 14227 Commercial
NTLP/01 LOGISTICS
PARK
Rem of Kirkfalls No. 14227 Commercial
Agricultural land at present – no rights.
ERF NO. PROPERTY DESCRIPTION PROPOSED USE
G R E AT E R
U M H L A N G A
G R E A T E R U M H L A N G A
A hub of activity, the greater uMhlanga area is currently one of the most developed locations and is pioneering the optimisation of urban mixed-use and residential spaces. Over the past three years, the greater uMhlanga region has seen new investment in infrastructure of more than R3,3 billion in collaboration between Tongaat Hulett Property, eThekwini Municipality and SANRAL.
FUTURE
PIPELINE
MARKET
ACTIVITY
DEVELOPMENT
& COMMERCIAL
FOCUS
:
198HA
MILESTONES
• Cornubia Marshall Dam - 82ha • Cornubia North - 624ha
• Cornubia N2 Business Park - 2ha • Cornubia Blackburn Extension - 14ha • Ridgeside - 2ha
• Sibaya Nodes 2&3 - 104ha
• Sibaya Node 6 - 123ha • Sibaya Node 4 - 103ha
• Sibaya Node 5 (future rights) - 8ha • Sibaya Node 7 - 79ha
• Remaining sites on nearly completed developments – 8ha
MIXED-USE
665 000M
2
GLA
• Large scale mixed-use opportunity in Cornubia Town Centre with institutional investor
• Sports Complex in Sibaya Coastal Precinct • Affordable and mid-market residential in Bridge
City, Cornubia and Izinga
• Transfer of 78 000m2 commercial rights to a black institutional investor in Cornubia Town Centre • Sibaya Coastal Precinct sees first residents move in
as civil infrastructure in Node 1 is completed • R1,1 billion N2/M41 interchange fully open as the
first phase of new regional transport infrastructure that includes GO!Durban’s C9 route into uMhlanga which is currently under construction
• Main access road through Cornubia Town Centre to N2 Business Park nearing completion including link to N2 and GO!Durban bridge to uMhlanga
42 000m²
OPPORTUNITIES IN
SIBAYA COASTAL PRECINCT
COMMERCIAL AND MIXED-USE
- POTENTIAL
140 000m²
RELEASING
LAND WITHIN
1 149 HECTARES
UMHLANGA LIGHTHOUSE Page 3 • Bridge City • Cornubia• Sibaya Coastal Precinct • uMhlanga Ridgeside
PTN 49 PTN 144 PTN 150 PTN 1/7 PTN 143 PTN 142 REM OF 20 AND 21 PTN 140 PTN 141 Piesang River Shoprite
Situated a mere 17km from the Durban city centre, Bridge City connects the communities of Inanda, Ntuzuma, KwaMashu and Phoenix to the broader city. A formal joint venture between Tongaat Hulett Property and eThekwini Municipality, the Bridge City development precinct was established to create a significant shift towards the delivery of residential development schemes, which entrenches a mixed-use component and supports the eThekwini Municipality’s GO!Durban infrastructure. The development is supervised by the Bridge City Management Association, who ensures high levels of security, support and service for the owners, residents and visitors within this area.
B R I D G E C I T Y
• Rent-to-own apartment/row housing • Rent-to-own townhouses
• Mixed-use retail/commercial • Safe, public transport
• Industrial opportunities
D E M A N D
O P P O R T U N I T I E S
1 500
TEMPORARY CONSTRUCTION JOBSR20 billion
GO!DURBAN INTEGRATED RAPID PUBLIC TRANSPORT NETWORK (IRPTN) CENTERED IN BRIDGE CITY700 000
COMMUTERS ULTIMATELY SERVICED DAILYSECTIONAL TITLE PRICE RANGE
FREEHOLD HOME PRICE RANGE
R360 000 – R800 000
R345 000 – R770 000
500-Bed
PUBLIC HOSPITAL NEARING COMPLETION TRANSFERSMedian prices of freehold home transfers has increased from 2016 – 2020 ranging between an average of
R295 000 – R345 000. It has seen a 5,5% average increase year-on-year from 2016.
• Freehold homes capital appreciation is
21% per annum from 2011 - 2020 • 2020 average price point: R345 000
“
As a multi-billion rand undertaking, Bridge City is a Presidential lead project and the first
development of its kind in South Africa set to connect people and link communities.
“
CATCHMENT AREAS MARKET ACTIVITY IN 2020: C O M M E R C I A L + R E T A I L + R E S I D E N T I A L
46 000M
2
O
P
PO
R T U NIT
IE
S
U
N LOCKED
500 BED HOSPITAL TO KWAMASHU TO NTUZUMA TO N2 NORTH & SOUTH TO PHOENIX INDUSTRIAL PARK BRIDGE CITY MALL 150 BED HOSPITAL COURT SOCIAL HOUSING BUSINESS PARK TOWN CENTRE M25SECTIONAL TITLE PRICE RANGE
INDUSTRIAL (RIVERHORSE VALLEY)
R6 748 – R10 882
FROM
R8 900 – R9 500
COMMERCIAL CATCHMENT AREAS MARKET ACTIVITY IN 2020:
EXISTING DEVELOPMENT WITHIN BRIDGE CITY
R 5 2 4 0 1 0 0 0
Total value of residential transfers from May 2020 – April 2021
RESIDENTIAL
TRANSFERS
RESEARCH INSIGHTS
FROM118 794
(2011)POPULATION GROWTH
TO1 2 0 9 1 5
(April 2021)Summary of residential catchment: Durban Central, KwaMashu, Phoenix, Newlands & Verulam.
20
NEW ADULTS MOVING INTO KWAMASHU PER MONTHL A N D
I N V E S T M E N T S
6 300
TOP STRUCTURE JOBS PER ANNUMCOMMERCIAL
RESIDENTIAL
Page 4 KWAMASHU TOWNPROPERTY
DESCRIPTION
SITE
EXTENT
M2
FAR
PROPOSED
USE
APPROVED
EIA
APPROVED
ZONING
PTN 49
8 618
2,5
Mixed-use
Yes
Yes
PTN 140
4 857
1,2
Mixed-use
Yes
Yes
PTN 141
7 654
1,2
Mixed-use
Yes
Yes
PTN 142
6 550
1,2
Mixed-use
Yes
Yes
PTN 143
6 181
1,2
Mixed-use
Yes
Yes
PTN 144
6 255
1,2
Mixed-use
Yes
Yes
PTN 150
4 715
2
Mixed-use
Yes
Yes
PTN 1/7
3 422
0,5
Fuel & service
station
Yes
Yes
REM OF 20
PTN 3/30 PTN 1/30 PTN 5/30 PTN 9/30 PTN 8/30 PTN 7/30 PTN 6/30 CORNUBIA TOWN CENTRE Mount Edgecombe Cornubia Mall SARS Makro Curro Academy TO DURBAN BALLITOTO CORNUBIA B LVD CORNUBIA MALL CORNUBIA
TOWN CENTRE MAKRO MARSHALL DAM DUBE WEST FUTURE ROAD DUBE EAST FUTURE ROAD M41 N2 R102 INDUSTRIAL BUSINESS ESTATE UMHLANGA HILLS AFFORDABLE HOUSING BLACKBURN AFFORDABLE HOUSING CITY OWNED FUTURE HOUSING N2 BUSINESS ESTATE RETAIL PARK N2 MT EDGECOMBE INTERCHANGE
N2 CORNUBIA BRIDGE N2 BLACKBURN FUTURE BRIDGE
A 49-hectare catalytic development that incorporates industrial, commercial, residential, and open space usage in South Africa, Cornubia Town Centre is situated on Durban’s Northern urban development corridor. As a mixed-use development, this region is now regarded as one of the country’s most sought-after real estate investment destinations. With direct access to uMhlanga Ridge and Bridge City via the M41 arterial roads, Cornubia Town Centre will also host a route that will travel along the Cornubia Boulevard with direct access to uMhlanga Ridge Town Centre via a new bridge over the N2 linking to Durban’s Integrated Rapid Public Transport Network; the GO!Durban route.
The area is expected to generate
over 8 000 permanent jobs
with a total investment value of overR12 billion
.• Rent-to-own Apartments/row housing • Townhouses
• Mixed-use retail/commercial • Safe, public transport • Showrooms
• Automotive
• Retail convenience stores and supermarkets • Entertainment (outdoor activities)
• Schools and colleges
• Medical facilities and specialist rooms
CAPITAL APPRECIATION PER ANNUM (2019 - 2020)
2020 AVERAGE PRICE POINT
29%
R92 000 – R173 000
COMMERCIAL INDUSTRIAL COMMERCIAL INDUSTRIALR21 544
R10 980
R100 – R120
R80 – R100
Price per m2 Price per m2Average rental price per m2
Average rental price per m2
Y I E L D O V E R
3000
W E L L L O C A T E D
A F FO R DA B L E
A N DM I D - M A R K E T
H I G H D E N S I T Y R E S I D E N T I A L U N I T S
“ Praised for its high visibility and central location, Cornubia Town Centre
was designed to promote functional symmetry through its street design,
densification of people and activities at the core.“
OVERVIEW OF CORNUBIA TOWN CENTRE
R 1 1 1 1 8 1 0 0 0
Total value of residential transfers from May 2020 – April 2021 2011 - April 2020
RESIDENTIAL
TRANSFERS
RESEARCH INSIGHTS
ADULT POPULATION
GROWTH
2 6 2 2
• Currently 2500 government subsidised new homes are now occupied.
• The estimated total cost of the development of Cornubia Town Centre – R25 Billion.
• 285 000 new employment opportunities will be created.
FREEHOLD HOMES
AVERAGE PRICES 2020
D E M A N D
O P P O R T U N I T I E S
COMMERCIAL
& INDUSTRIAL
RESIDENTIAL
L A N D
I N V E S T M E N T S
C O R N U B I A
VISION BUSINESS PARK CORNUBIA Page 5Summary of residential catchment: Greater Chatsworth, Inanda, KwaMashu, Phoenix, Tongaat & Verulam
PROPERTY DESCRIPTION
PROPOSED USE
CORNUBIA TOWN CENTRE
Mixed-use
PROPERTY
DESCRIPTION
SITE
EXTENT
M2
MIN
FAR
MAX
FAR
PROPOSED
USE
EIA
APPROVED
ZONING
APPROVED
PTN 1/30
81 943
0,8
1,2
Residential
Yes
Yes
PTN 3/30
86 420
1
2
Residential
Yes
Yes
PTN 5/30
9 746
1
2
Residential
Yes
Yes
PTN 6/30
3 322
1
2
Residential
Yes
Yes
PTN 7/30
4 588
1
2
Residential
Yes
Yes
PTN 8/30
5 289
1
2
Residential
Yes
Yes
NODE 4 NODE 2 REM/3 PTN 35/13/1 PTN 11/2 1.2 PTN 12/2 1.2 PTN 14/2 PTN 20/2 PTN 17/2 PTN 25/2 0,7 PTN 20 OF 1/1 ERF 5 NODE 7 PTN 10/2 1.2 PTN 9 /2 1.1 Sibaya Casino 5 mins to uMhlanga 7 mins to King Shaka International Airport uMdloti PTN 32/30/3 PTN 13/2 1.2 PTN 28 /2 PTN 29/2 PTN 6/7 PTN 1/7 PTN 2/7 PTN 4/7 PTN 3/7 PTN 33/30/3
S I B AYA C O A S T A L P R E C I N C T
I N N E W I N V E S T M E N T C U R R E N T L YR 1. 5 B I L L I O N
U N D E R C O N S T RU C T I O NKnown as one of South Africa’s best performing residential precincts, the Sibaya Coastal Precinct is situated between
uMhlanga and uMdloti, spanning across 1000 hectares of coastal land. Flanked by 6.5km of pristine beaches, from estuary to estuary, Sibaya also features a 350-hectare remarkable coastal forest. Fully realised, Sibaya will include hotels, offices, shops, restaurants, educational institutions and recreational opportunities to complement its comprehensive residential offering. All nodes will be inspired by a common development and architectural code that resonates with sustainable living, which is the aesthetic vision this precinct is premised. These open public areas are accessible to visitors and residents alike, while being managed by the Sibaya Master Precinct Management Association to ensure a high standard of living.
R 5 1 6 9 9 9 0 0 0
SECTIONAL TITLE - CAPITAL APPRECIATION 2018 - 2019 OFFICE AND RETAIL SALES
OFFICE AND RETAIL PRICE INCREASE OVER 1 YEAR PERIOD
FREEHOLD HOMES - 2020 AVERAGE PRICE POINT
270 000
TEMPORARY CONSTRUCTION JOBS350ha
COASTAL FOREST (GROSS)50 BILLION
ESTIMATED INVESTMENTINTO THE LOCAL ECONOMY OVER THE
15-20 YEAR CONSTRUCTION
PERIOD
Total value of residential transfers from May 2020 – April 2021
(2018-2020) (2018 - 2020)
RESIDENTIAL
TRANSFERS
65km
STRETCH OF BEACH WITH INTERCONNECTED TRAILS, BORDERED BY LAGOONS4
%
PER ANNUMR28 435 - R32 638
PER M2R3,4 million
30 000
PERMANENT JOBSRESEARCH INSIGHTS
D E M A N D
O P P O R T U N I T I E S
• 3-Bed townhouses • Mixed-use commercial• Small, sectional title business and serviced offices • Entertainment (outdoor activities)
• Medical facilities and specialist rooms
• Retail offerings (convenience, restaurants, grocery store chains) • Industrial (none existing)
SECTIONAL TITLE - 2020 AVERAGE PRICE POINT
R2,740m
/
R28 700
PER M215%
M27 N2 M4 EMDLOTI TO UMHLANGA TO WESTBROOK UMD LO TI ESTU AR Y O H LA N GA ESTUAR Y INDIAN OCEAN SIBAYA CASINO NODE 1 NODE 5 NODE 6 NODE 7 NODE 3 NODE 4 NODE 2 FROM208
(2019)A POPULATION
GROWTH
TO5 8 8
(April 2021) 183% GROWTH IN 16 MONTHSCOMMERCIAL
RESIDENTIAL
L A N D
I N V E S T M E N T S
“
In planning the Sibaya Coastal Precinct, a sensitive approach to the natural world
was key, with over 60% of the land comprising green space. The preservation of the
Sibaya Coastal Forest and rehabilitation of what was once sugarcane, will lead to 75km
accessible, interconnected trails and paths for walking, running and cycling.
“
Page 6
SIBAYA COASTAL PRECINCT
Summary of residential catchment: Greater Ballito, Umhlanga, Durban North, Kloof & Westville.
PROPERTY DESCRIPTION SITE EXTENT M2 FAR PROPOSED USE EIA APPROVED ZONING APPROVED
ERF 5 41 511 2,2 Mixed-use Yes Yes
PTN 9/2 1.1 5 209 1-2,5 Mixed-use Yes Yes
PTN 10/2 1.2 11 123 1-2,5 Mixed-use Yes Yes
PTN 11/2 1.2 9 413 1-2,5 Mixed-use Yes Yes
PTN 12/2 1.2 9 352 1-2,5 Mixed-use Yes Yes
PTN 13/2 1.2 6 617 1-2,5 Mixed-use Yes Yes
PTN 32/30/3 4 259 1,5 Mixed-use Yes Yes
PTN 33/30/3 4 071 1,5 Mixed-use Yes Yes
REM 20/1/1 33 219 0,8 Residential Yes Yes
PTN 14/2 13 960 0,65 Residential Yes Yes
PTN 17/2 16 194 0,65 Residential Yes Yes
PTN 20/2 17 833 0,65 Residential Yes Yes
PTN 25/2 0.7 43 377 0,65 Residential Yes Yes
PTN 28/2 17 975 0,65 Residential Yes Yes
PTN 29/2 19 754 0,65 Residential Yes Yes
PTN 35/13/1 10 970 2 Residential Yes Yes
PTN 1/7 4 871 1 Commercial Yes Yes
PTN 2/7 5 161 1 Commercial Yes Yes
PTN 3/7 5 134 1 Commercial Yes Yes
PTN 4/7 10 523 1 Commercial Yes Yes
PTN 6/7 5 878 1 Commercial Yes Yes
PROPERTY DESCRIPTION
PROPOSED USE
NODE 2 REM/3
Residential
NODE 4
Mixed-use
PHASE 42 PTN 261 & 262/260 PTN 33 /2426 PHASE 40 PTN 290/2426 PHASE 27 PTN 283 & 284/2426 PHASE 26 PTN 281 & 282/2426 PTN 35/2426
U M H L A N G A R I D G E T O W N C E N T R E
R500 MILLION
I N T O O N G O I N G C O N S T R U C T I O N W I T H I N T H ER E S I D E N T I A L S E C TO R
Known as the nucleus of the uMhlanga Ridge, uMhlanga Ridge Town Centre is a mixed-use development comprising
residential and commercial components. Located 20km North of Durban, this precinct brings together a holistic environment that is designed to be pleasing and convenient with retail, medical, educational and leisure facilities just a few minutes apart from one another. This precinct presents a broad range of residential offerings showcasing luxury to integrated, affordable apartments. The area is home to the world-class Gateway Theatre of Shopping and managed by the uMhlanga Ridge Town Centre Management Association which maintains the high security standards and focuses on the precinct maintenance.
R 3 2 6 8 9 2 0 0 0
MANAGEMENT ASSOCIATION FULLY FUNCTIONAL AND OPERATIONALR1 Billion
INVESTMENT WITHIN THE COMMERCIAL SECTOR HIGH DENSITY URBAN MIXPRECINCT
Total value of residential transfers from May 2020 – April 2021
RESIDENTIAL
TRANSFERS
20km
NORTH OF DURBANRESEARCH INSIGHTS
“
uMhlanga Ridge Town Centre is fast maturing into a fully functioning
urban node offering inclusive access to all amenities.
“
• Sectional title apartments • Mixed-use commercial
• Small, sectional title business and serviced offices • Medical facilities and specialist rooms
• Small retail and services
OVERVIEW OF UMHLANGA RIDGE TOWN CENTRE
FROM
1785
(2011)POPULATION
GROWTH
TO
5 5 6 7
(April 2021)212% GROWTH IN 9 YEARS
SECTIONAL TITLE - CAPITAL APPRECIATION
SECTIONAL TITLE - 2020 AVERAGE PRICE
Since 2011
7%
PER ANNUMR21 319
PER M2SECTIONAL TITLE - 2020 AVERAGE PRICE POINT
COMMERCIAL PRICE - 2020 AVERAGE PRICE PER M2
RETAIL PRICE - 2020 AVERAGE PRICE PER M2 COMMERCIAL RENTAL (B-GRADE)
RETAIL RENTAL (B-GRADE)
R1,470 m
illion
R20 000 – R23 000
R20 000
R120 – R130
PER M2R90 – R120
PER M2D E M A N D
O P P O R T U N I T I E S
COMMERCIAL
RESIDENTIAL
2020 AVERAGE PRICE ACHIEVED 2020 AVERAGE PRICE ACHIEVEDL A N D
I N V E S T M E N T S
Page 7UMHLANGA RIDGE TOWN CENTRE
PROPERTY
DESCRIPTION EXTENT M2SITE MIN FAR MAX FAR PROPOSED USE APPROVEDEIA APPROVEDZONING
PHASE 27 PTN
283 & 284/2426 9 036 1,5 3,2 Residential Yes Yes PHASE 26
PTN 281 & 282/2426 10 005 0,6 2,4 Residential Yes Yes PHASE 40
PTN 290/2426 2 225 1,5 2,4 Mixed-use Yes Yes PTN
33/2426 4 997 2,1 3 Mixed-use Yes Yes PTN
35/2426 4 983 2,1 3 Mixed-use Yes Yes PHASE 42
ERF 3450 ERF 21/2405 ERF 3451 ERF 2/3453 ERF 156/2406 RIDGESIDE PRECINCT 2 ERF 3449 RMB FNB
Netcare uMhlanga Hospital
Umhlanga Arch
U M H L A N G A R I D G E S I D E
CO M ME R C IA L B U L K330 000m²
3000
RESIDENTIAL OPPORTUNITIES Unsurpassed economic value appreciation on prime real estate in uMhlanga. Positioned as a prominent commercial andresidential node, uMhlanga Ridgeside also is the connection to a much bigger dynamic eco-system as it flows into uMhlanga Ridge Town Centre (URTC). uMhlanga Ridgeside is a four-precinct development that will complete uMhlanga Ridge. The 140-hectare site lies nestled within a triangle created by uMhlanga Rocks Drive and two major highways, the M4 and the M41, creating a link from uMhlanga Ridge to uMhlanga Rocks. It is also currently managed by the Ridge Management Association which helps upkeep this node and work with independent security services to maintain a safe environment.
140ha
FOR PRECINCT DEVELOPMENT40ha
COASTAL FOREST GREEN SPACE (GROSS)R29 000 - R32 500
PER M2D E M A N D
O P P O R T U N I T I E S
• Sectional title apartments• Freestanding townhouses • Mixed-use commercial
• Small, sectional title business and service offices • Entertainment (outdoor activities)
• Medical facilities and specialist rooms
FREEHOLD HOMES - 2020 AVERAGE PRICE POINT
37 468
PER M2R3,507 m
illion
R180 – R200
PER M2R150 – R170
PER M2OVERVIEW OF UMHLANGA RIDGESIDE
R 2 6 9 2 1 7 0 0 0
Total value of residential transfers from May 2020 – April 2021
RESIDENTIAL
TRANSFERS
RESEARCH INSIGHTS
33% GROWTH OVER 9 YEARS IN UMHLANGA TOWN
ADULT POPULATION
GROWTH
4 4 1
(April 2021) TO DURBAN TO BALLITO TO UMHLANGA ROCKS LA LUCIAUMHLANGA ROCKS DRIVE
RIDGESIDE OFFICE PARK EVERGREEN VILLAGE MANORS HERRWOOD DRIVE FNB HOLIDAY INN THE ARCH SKYE ENIGMA UMHLANGA RIDGE M4 P1 P3 P4 P2 COMMERCIAL (P-GRADE) - 2020
COMMERCIAL (P-GRADE) RENTAL - 2020
COMMERCIAL (A-GRADE) RENTAL - 2020
RETAIL RENTAL- 2020 AVERAGE PRICE ACHIEVED AVERAGE PRICE ACHIEVED AVERAGE PRICE ACHIEVED SECTIONAL TITLE - 2020 AVERAGE PRICE PER M2
R24 186
SECTIONAL TITLE - 2020 AVERAGE PRICE POINT
R3,1 m
illion
COMMERCIAL
RESIDENTIAL
L A N D
I N V E S T M E N T S
UMHLANGA RIDGESIDEuMhlanga Town statistics consist of the following areas: Hawaan Forest Estate, Herrwood Park, Izinga, La Lucia, Prestondale, Somerset Park,Sunningdale, Umhlanga Ridge New Town Centre, Umhlanga Ridgeside & Umhlanga Rocks
“
A ribbon of coastal forest runs along one boundary, while a natural valley runs through
the land. This 40-hectare asset has been preserved as green space for the benefit of the
surrounding communities and users within Ridgeside.
“
AVERAGE PRICE ACHIEVED
ERF NO. SITE EXTENT M2 MIN FAR MAX FAR PROPOSED USE EIA APPROVED ZONING APPROVED
ERF 21/2405 6 647 0,8 6,5 Mixed-use Yes Yes
ERF 2/3453 1 841 0,8 6,5 Mixed-use Yes Yes
ERF 3451 4 987 0,8 6,5 Mixed-use Yes Yes
ERF 3449 3 667 0,8 6,5 Mixed-use Yes Yes
ERF 3450 3 248 0,8 6,5 Mixed-use Yes Yes
ERF 156/2406 2 684 0,8 6,5 Mixed-use Yes Yes
PROPERTY DESCRIPTION PROPOSED USE EIA APPROVED
ZONING APPROVED
A E R O T R O P O L I S
A E R O T R O P O L I S
Durban’s Aerotropolis has been earmarked as a revolutionary location within the province. The 32 000-hectare piece of land will be a special sector that focuses on premier business and trade hubs. As a central point between maritime ports of Durban and Richards Bay, this area provides the ideal location for various industrial, residential and commercial opportunities.FUTURE
PIPELINE
MARKET
ACTIVITY
• Aberfoyle and Lindokuhle • Amanzimnyama
• Compensation
• La Mercy (La Mercy West – Phase 1) • oThongathi AeroDistrict (Inyaninga) • Ushukela Highway
DEVELOPMENT
& COMMERCIAL
FOCUS
:
117HA
BALLITO AND SURROUNDS RETAIL AND URBAN CORE
• Infrastructural solutions being implemented as a key component of the Durban Aerotropolis • Direct British Airways flight from London
operational, providing access to over 700 destinations.
• Regional positioning and branding being consolidated by all stakeholders
MILESTONES
• Long-term, large scale opportunities in Ushukela and Compensation with an institutional investor
• Various housing, retail and commercial opportunities being negotiated in oThongathi AeroDistrict
• Compensation - 225ha • Lindokuhle - 52ha • La Mercy - 615ha • Aberfoyle - 231ha • Amanzimnyama - 345ha • Dudley Pringle - 86ha
• Mt Moreland South - 279ha • oThongathi AeroDistrict -
669ha
• Remaining sites on nearly completed developments - 14ha
MANUFACTURING AND LOGISTICS
ABERFOYLE
RESIDENTIAL LINDOKUHLE RESIDENTIAL
Tongaat Mall
Dudley Pringle Dam
Maidstone Golf Club
Chelmsford Medical Centre
A B E R F O Y L E & L I N D O K U H L E
LINDOKUHLE
THE
AREA
IS AIMED
AT THE
AFFORDABLE
HOUSING
SEGMENT
The region of Aberfoyle hosts 231 developable hectares of land and is driven by predominantly residential neighbourhoods and urban amenities. As a central location within oThongathi, the district has potential to home 6 000 residential units within a public sector. Lindokuhle is ideally situated to provide residential and urban amenities across 52 hectares of developable land. With the potential of being home to 4 000 units across all types of affordability, development in the area will provide increased opportunity in a region that currently has a limited supply of residential zones and urban amenities.
D E M A N D
O P P O R T U N I T I E S
“
Development in Aberfoyle and Lindokuhle will be in collaboration with Provincial
and Municipal authorities.
“
• Medical
• Retail offerings (grocery stores, small-scale neighbourhood centres) • Residential opportunities (consider private/government partnership) • Entry-level sectional title
• Entry-level low housing • Entry-level townhouses
TA R G E T
A R E A S S U M M A R Y
The North Coast major towns are currently over populating, as well as Durban South towns where employees are currently travelling North for work.
• Ndwedwe • Stanger • Tongaat • KwaMashu • Chatsworth • Phoenix • Verulam • Umlazi
KEY DRIVERS OF THE GREATER NODE
• Proximity to King Shaka International Airport • Proximity to Dube Tradeport
• Affordable property to reside within
RESEARCH INSIGHTS
101 105
ADULTS OF
N O T R A N S F E R S T H U S R E S U LT I N L O W - C O S T M U N I C I P A L H O M E S P R O V I D E D .
LARGE CATCHMENT TOWN INCLUDES
NDWEDWE TOWN
CONSISTING OF
R 1 1 0 0 0 – R 2 2 0 0 0
OVERVIEW OF RELEASED LAND PARCELS
CATCHMENT AREAS
AVERAGE INCOME
R5 500 – R22 000
with LSM of 6 Low – 8 Low.
RESIDENTIAL
ABERFOYLE
PROVIDES ACCESS TO EMPLOYMENT OPPORTUNITIES IN AND AROUND TONGAAT AND
THE FUTURE INYANINGA INDUSTRIAL/BUSINESS NODE.
LINDOKUHLE
IS SITUATED ADJACENT TO THE SUBURB OF MAIDSTONE IN OTHONGATHIL A N D
I N V E S T M E N T S
Page 10 THE ABERFOYLE SITEIS NOT AFFECTED BY ANY NOISE CONTOUR ZONES
PROPERY DESCRIPTI0N
PROPOSED USE
ABERFOYLE RESIDENTIAL
Residential
LINDOKUHLE RESIDENTIAL
Residential
A M A N Z I M N YA M A
Hosting 345 developable hectares of land, Amanzimnyama is situated North of the King Shaka International Airport. This precinct is ideally located for business, logistics and industrial uses with quick access to the N2 highway resulting in significant job opportunity with industrial and commercial sectors. The precinct will host the inclusion of recreational and environmental assets.
THE CONCEPT FRAMEWORK IN LINE
WITH AEROTROPOLIS MASTER PLAN
SITUATED WEST OF
THE N2 HIGHWAY THAT LINKS TWO OF THE BUSIEST
PORTS ON THE AFRICAN
CONTINENT:
DURBAN &
RICHARDS BAY
“
Significant for new employment opportunities from new industrial, business and commercial potential.
Includes environmental and recreational assets which will enhance the region’s natural environment.
“
TA R G E T
A R E A S S U M M A R Y
The North Coast major towns are currently over populating, as well as Durban South towns where employees are currently travelling North for work.
AVERAGE INCOME OF
R11 000 – R22 000
with LSM of 7 High – 8 High.
A D D I T I O N A L R E S I D E N T I A L
I N F O R M AT I O N
E X I S T I N G I N D U S T R I A L
O F F E R I N G
• Amanzimnyama Hill Industrial • 37 factories
• 200m2 – 500m2
• From R50 per m2
KEY DRIVERS OF THE GREATER NODE
• Proximity to King Shaka International Airport • Proximity to Dube Tradeport
• Affordable property to reside within • N2 highway access
• Situated central of uMhlanga and Ballito
D E M A N D
O P P O R T U N I T I E S
• Medical• Light industrial • Small businesses
• Retail offerings (grocery stores, small-scale)
• Residential opportunities (consider private/government partnership) • Entry-level sectional title apartments
• Entry-level semi-detached townhouses
OVERVIEW OF AMANZIMNYAMA LAND PARCELS
RESEARCH INSIGHTS
101 105
ADULTS OF
N O T R A N S F E R S T H U S R E S U LT I N L O W - C O S T M U N I C I P A L H O M E S P R O V I D E D .
LARGE CATCHMENT TOWN INCLUDES
NDWEDWE TOWN
CONSISTING OF
R 1 1 0 0 0 – R 2 2 0 0 0
• Ndwedwe • Stanger • Tongaat • KwaMashu • Chatsworth • Phoenix • Verulam • UmlaziCATCHMENT AREAS
AVERAGE INCOME
R5 500 – R22 000
with LSM of 6 Low – 8 Low.
RESIDENTIAL
L A N D
I N V E S T M E N T S
Agricultural land at present – no rights.
AMANZIMNYAMA Tongaat Hulett Head Office Tongaat CBD Tongaat River Lafarge Quarry Tongaat Industrial
PROPERTY DESCRIPTION PROPOSED USE
COMPENSATION WEST COMPENSATION EAST Compensation Railway Station
Umhlali Golf and
Country Estate
Collisheen Estate
Shakas
Head
C O M P E N S A T I O N
The Compensation East region will cultivate a zone that focuses on mixed-use, logistics and technology components including manufacturing, warehousing, business parks, retail warehousing and office spaces. The area will also provide room for affordable residential and accompanying amenities to support this zone. Compensation West is the last region for large industrial opportunities within this area and hosts potential for an additional scope of activities that will provide a fully functional industrial node along with proposed employee housing and associated amenities.
R 2 6 4 4 1 1 0 0 0
KEY GROWTH
EMPLOYMENT OPPORTUNITIES FOR KWADUKUZA
146% GROWTH IN 9 YEARS Total value of residential transfers from May 2020 – April 2021
ADULT POPULATION
RESIDENTIAL TRANSFERS
GENERATES
R170 MILLION
IN ANNUAL RATESRESEARCH INSIGHTS
1 1 4 8
(April 2021)D E M A N D
O P P O R T U N I T I E S
“
The Compensation industrial and business sections has been identified as a key area due to
its size and strategic location. Compensation is situated adjacent to the main northern railway
line between the two busy ports of Durban and Richards Bay.
“
• Affordable private primary school/Quality public primary school • Medical offerings (only one hospital in a fast-growing node currently)
RESIDENTIAL
• Medium density sectional title • Townhouse development options • Plot and plan development options
COMMERCIAL
• Price per square range of R12 000 to R15 000 • Rental prices of R90 – R100/m2
INDUSTRIAL
• Price per square range of R6 000 to R8 000 • Rental prices of R65 – R75/m2
FACILITATING
PRIVATE SECTOR
R7,5
IN VESTM E NT O FBILLION
Proximity to King Shaka International Airport, Dube Tradeport and several recreational, urban amenities and newly launched residential developments.
R E S I D E N T I A L
I N F O R M AT I O N
KEY DRIVERS OF THE GREATER NODE
COMPENSATION LAND OPPORTUNITIES
CAPITAL APPRECIATION CAPITAL APPRECIATION CAPITAL APPRECIATION FREEHOLD HOMES FREEHOLD LAND
AVERAGE PRICE POINT 2020
AVERAGE PRICE POINT 2020 AVERAGE PRICE 2019 /2020 Per Annum (2011 – 2020) Per Annum (2016 - 2020) Per Annum (2013 - 2019/2020)
11%
15%
27%
R1,171 m / R17 689
PER M2R3 million
R930 000 / R 1 667
PER M2 SECTIONAL TITLERESIDENTIAL
L A N D
I N V E S T M E N T S
COMPENSATION INDUSTRIAL PARK
COMPENSATION SUBURBS
Estates include Brooklyn, Hudson Estate, Jackson Estate and Manor Estates. Sectional Title developments include Ballito Groves and Shortens Country Estate
Agricultural land at present – no rights.
467 (2011)PROPERTY DESCRIPTION PROPOSED USE
COMPENSATION WEST Industrial
LA MERCY INDUSTRIAL LA MERCY RESIDENTIAL LA MERCY RESIDENTIAL LA MERCY RESIDENTIAL LA MERCY RESIDENTIAL LA MERCY COMMERCIAL Crawford International North Coast King Shaka International Airport La Mercy Beach
L A M E R C Y
( L A M E R C Y W E S T )
Situated on the North Coast of KwaZulu-Natal, La Mercy provides close proximity to the King Shaka International Airport and Dube Tradeport. To the west, La Mercy is located adjacent to the N2 highway which connects the ports of Durban and Richards Bay.R 1 0 5 9 2 7 0 0 0
Total value of residential transfers from May 2020 – April 2021
RESIDENTIAL
TRANSFERS
RESEARCH INSIGHTS
“
La Mercy is made up of four districts which are open to opportunities for industrial, logistics,
business park platforms as well as commercial and residential with bulk open spaces.
“
INTERNATIONAL AIRPORT
TO THE
CLOSE PROXIMIT Y
K
IN
G SHAK
A
AND DUBE TRADEPORT
HOME TO
R180-degree
SEA VIEWS LA MERCY WEST HOLDS POTENTIAL FORURBAN
AMENITIES
HOME TO
180 °
SEA VIEWS
5% INCREASE IN 10 YEARS FROM1868
(2011)ADULT POPULATION GROWTH
TO
1 9 5 1
(April 2021) CAPITAL APPRECIATION CAPITAL APPRECIATION CAPITAL APPRECIATION FREEHOLD HOMES FREEHOLD LANDAVERAGE PRICE POINT 2020
AVERAGE PRICE POINT 2020
AVERAGE PRICE POINT 2020
(Per Annum Since 2011) (Per Annum Since 2011) (Per Annum Since 2011)
10%
1%
12%
R1,5 million
R1,350 million
R615 000
PER M2 SECTIONAL TITLED E M A N D
O P P O R T U N I T I E S
• Medical • Light industrial • Small businesses• Retail offerings (grocery stores, small-scale)
• Residential opportunities (consider private/government partnership) • Entry-level sectional title apartments
• Entry-level semi-detached townhouses
LA MERCY OVERVIEW
L A N D
I N V E S T M E N T S
RESIDENTIAL
PROPERY DESCRIPTI0N
PROPOSED USE
LA MERCY RESIDENTIAL
Residential
LA MERCY INDUSTRIAL
Industrial
LA MERCY COMMERCIAL
Commmercial
OTHONGATHI RESIDENTIAL OTHONGATHI INDUSTRIAL OTHONGATHI INDUSTRIAL OTHONGATHI MIXED-USE OTHONGATHI MIXED-USE King Shaka International Airport Dube Tradeport
O T H O N G AT H I A E R O D I S T R I C T
( I N YA N I N G A )
APPROXIMATELY 200 000 TO 500 000 CONSTRUCTION JOBS OVER A 15 YEAR DEVELOPMENT PERIODInyaninga East district, situated within oThongathi AeroDistrict will present the ideal environment that enables the creation of a multi-modal logistics platform. Providing direct access to the Dube Tradeport, this region will provide employment opportunities within the industrial and logistics sectors. Inyaninga West region focuses on residential opportunities and urban amenities that will support the area with potential to hold at least 10 000 residential units.
250ha
MULTI-MODAL INDUSTRIAL/LOGISTICS
PLATFORM LINKED TO EXISTING RAIL LINE
“
oThongathi AeroDistrict (Inyaninga) will provide support to the adjacent
commercial and industrial nodes within the Durban Aerotropolis area.
“
R 3 0 4 5 6 8 0 0 0
Total value of residential transfers from May 2020 – April 2021
RESIDENTIAL
TRANSFERS
RESEARCH INSIGHTS
45% IN 10 YEARS FROM29 948
(2011)TONGAAT POPULATION
GROWTH
TO4 3 4 4 5
(April 2021) TONGAAT TOWNINDUSTRIAL FREEHOLD RENTAL AVERAGE PRICE POINT 2020
MINI FACTORY LISTINGS
R1 446
PER M2R42-R63
PER M2INDUSTRIAL FREEHOLD TRANSFER
TA R G E T
A R E A S S U M M A R Y
North Coast major towns are currently over populating, as well as Durban South towns where employees are currently travelling North for work.
KEY DRIVERS OF THE GREATER NODE
• Proximity to King Shaka International Airport and Dube Tradeport
• Beaches, entertainment, restaurants and malls • Gauteng market relocating and commuting for
work purposes
• Employees working in the greater area but travelling far distances from Durban South (Old airport still employed at new airport) • Oversaturated populations in Phoenix,
Verulam, and KwaMashu looking for safe living environments
• Affordable property THE AREA WILL
ACCOMMODATE SPACING 8500 TO 10 000 UNITS THROUGH
A RANGE OF HOUSING TYPES
OVERVIEW OF OTHONGATHI AERODISTRICT LAND PARCELS
L A N D
I N V E S T M E N T S
CAPITAL APPRECIATION CAPITAL APPRECIATION CAPITAL APPRECIATION FREEHOLD HOMES FREEHOLD LANDAVERAGE PRICE POINT 2020
AVERAGE PRICE POINT 2019 /2020
AVERAGE PRICE POINT 2020
Per Annum (2011 - 2020) Per Annum 2020) Per Annum (2011 - 2020)
19%
8%
18%
R1,150 m / R11 873
PER M2R962 000
R375 000 / R750
PER M2 SECTIONAL TITLE • Stanger • Tongaat • KwaMashu • Chatsworth • Phoenix • Verulam • UmlaziCATCHMENT AREAS
AVERAGE INCOME
R5 500 – R22 000
with LSM of 6 Low – 8 Low.
RESIDENTIAL
INDUSTRIAL
500 000 M
2
OF BUSINESS COMMERCIAL FLOOR AREA ACROSS OFFICE
AND RETAIL
Page 14
PROPERTY DESCRIPTION
PROPOSED USE
OTHONGATHI RESIDENTIAL
Residential
OTHONGATHI INDUSTRIAL
Industrial
OTHONGATHI MIXED-USE
Mixed-Use
USHUKELA INDUSTRIAL King Shaka International Airport Dube Tradeport
U S H U K E L A
This region presents 49 hectares of land, Ushukela Highway will offer a range of diverse commercial opportunities. Furthermore, Ushukela Highway is a propelling node that enjoys direct access to the N2 highway and will provide room for components related to the airport, including industrial, warehousing, manufacturing and business park opportunities. The area provides direct access to the N2 highway resulting in it being a sought-after node.
USHUKELA IS SURROUNDED BY KING SHAKA INTERNATIONAL AIRPORT AND DUBE
TRADEPORT COMMERCIAL AND INDUSTRIAL.
RESEARCH INSIGHTS
“
The creation of 60 000 full-time equivalent construction jobs and over 4 000
permanent jobs are planned for this region with high current unemployment rates.
“
KING SHAKA INTERNATIONAL AIRPORT INSIGHTS
Employee income segments: • Low-skilled: R3 000 – R5 500 • Medium-skilled: R6 000 – R9 000 • High-skilled: R10 000 – R15 000+
DUBE TRADEPORT INSIGHTS
Employee income segments: • Low-skilled: R3 000–R6 000 • Medium-skilled: R8 000–R12 000 • High-skilled: R15 000+ OVER
R6 Billion
PLANNED INVESTMENT FROM BUILDING CONSTRUCTION ACTIVITY. AN ESTIMATED CREATION OF60 000
FULL-TIME EQUIVALENT CONSTRUCTION JOBS IN THIS AREA. OVER4000
PERMANENT JOBS TO BE CREATED UPON COMPLETION.4 000
of ACSA employees travel daily from Durban South.
Approx. amount of employees
80%
CATCHMENT AREAS:
CATCHMENT AREAS:
• Durban North • La Lucia • uMhlanga • Inner West • Upper Highway • Phoenix • Verulam • Tongaat • Stanger • Inner West • Upper Highway • Phoenix • Verulam • Tongaat • Stanger • Hammarsdale RENTAL PRICE RENTAL PRICE
R75
PER M2R55 – R70
PER M2KEY DRIVERS
OF THE GREATER NODE
• Proximity to King Shaka International Airport • Proximity to Dube Tradeport
• Central industrial and commercial node • N2 and R102 highway access
SOCIO-ECONOMIC
BENEFITS
• Investment value: R13 Billion private sector
• Permanent jobs: +150 000 operational jobs (2060)
KING SHAKA INTERNATIONAL AIRPORT
L A N D
I N V E S T M E N T S
RESIDENTIAL
COMMERCIAL
Page 15DEMAND OPPORTUNITIES
• Light industrial • Commercial officesPROPERTY DESCRIPTION PROPOSED USE
USHUKELA INDUSTRIAL Industrial
N O R T H C O A S T
• EIA approval on 242ha Tinley South • EIA on Tinley North resort well advanced
• 2019 saw the opening of the fourth new school in the area, demonstrating strong residential growth
A market leader for domestic tourism, KwaZulu-Natal’s North Coast has also been recognised as South Africa’s foremost opportunity to compete with other global beach resort destinations. The far North Coast stretch provides access to untouched nature with a myriad of picturesque beaches, a subtropical coastal forest and revitalised wetlands.
MILESTONES
2 286 HECTARES
• Tinley Manor - 368ha • Westbrook - 422ha • Descroizilles - 48ha • Zinkwazi/Thukela - 1 448ha
FUTURE
PIPELINE
FOCUS
:
262HA
• Opportunity for complementary shared ownership models and high-end residential developments adjacent to the resort in Tinley North
• Various negotiations on Tinley South opportunities
MARKET
ACTIVITY
COMMERCIAL
35 000
M
2
GLA
2 HOTEL RESORTS
500
KEYS
RESIDENTIAL
4500
UNITS
DEVELOPMENT
& COMMERCIAL
• Tinley • Zinkwazi I N T E R N AT I O N A L R E S O R T O P E R ATO R F O R M A L L Y C O M M I T T E D T O20HA RESORT
R E S O R T O P P O R T U N I T Y I NT I N L E Y N O R T H
RELEASING
LAND WITHIN
TN/01 TN/02 TN/03 TN/04 TS/04 TS/01 TS/05 TS/06 PTN/1 TW/01 Zululami Luxury Coastal Estate Tinley Manor Beach Palm Lakes Estate Christmas Bay Shakaskraal Mhalai River Sheffield Manor
T I N L E Y M A N O R
W I T H E I A A P P ROVA L S I N P L A C E245 HECTARES
TO KWADUKUZA TO BALLITO TINLEYSOUTH TINLEY NORTH
SHEFFIELD
BEACH TINLEY MANOR
TINLEY INTERCHANGE
MHLALI RIVER ESTUARY RESORT TOWN CENTRE N2 RESIDENTIAL COASTAL RESORT INDIAN OCEAN
Tinley Manor is a secluded coastal town, which is a mere 10-minutes away from Ballito, the area is flanked by golden beaches and vast green landscapes that showcase a range of quaint holiday accommodations that provide an escape from the urban cities. Located 35km North of King Shaka International Airport, Tinley Manor consists of 494 hectares of land that offers direct beach access, 239-hectare conservation area and easy access to the N2 highway.
4km
BEACH FRONTAGE1000ha
TOTAL SIZE (GROSS)D E M A N D
O P P O R T U N I T I E S
“
Given its inherent natural attractions on the KwaZulu-Natal North Coast, Tinley Manor Town
offers a unique opportunity for more than one integrated coastal resort that will drive tourism
and economic development in the province.
“
• Schools
• Places of worship • Medical
• Service stations • Storage facilities
• Retail offerings (grocery stores, small-scale neighbourhood centres)
• A and B-grade offices
SEASIDE OPPORTUNITIES ALONG THE NORTH COAST
200ha
OPEN GREEN SPACE(GROSS)
• Mini factories
• RESIDENTIAL OPPORTUNITIES - Sectional title
- Freehold/plot and plan • LAND OPPORTUNITIES CAPITAL APPRECIATION CAPITAL APPRECIATION CAPITAL APPRECIATION FREEHOLD HOMES SECTIONAL TITLE FREEHOLD LAND
AVERAGE PRICE POINT 2020
AVERAGE PRICE POINT 2020
AVERAGE PRICE PER M2
Per Annum (2011 - 2020) Per Annum (2011 - 2020) Per Annum (2011 - 2020)
10%
6%
7%
R1,8 million / 14 002
PER M2R3 million
R1063
PER M2Key drivers of the greater node are the potential of upcoming resorts to boost tourism, proximity to King Shaka International Airport and Tinley Manor Beach.
R 4 4 1 9 6 8 0 0 0
Total value of KwaDukuza residential transfers May 2020 – April 2021
RESIDENTIAL
TRANSFERS
RESEARCH INSIGHTS
207 NEW ADULTS MOVING INTO KWADUKUZA NU PER MONTH
FROM
15 032
(2011)ADULT POPULATION
GROWTH
TO3 8 1 8 4
(April 2021)L A N D
I N V E S T M E N T S
RESIDENTIAL
KWADUKUZA TOWNAgricultural land at present – no rights.
ERF NO. DESCRIPTIONPROPERTY PROPOSED USE
TW/01 Rem The Farm Garland No.1719 2 Residential
TN/02 Ptn 4 of The Farm Royal Palm No. 17904 Residential
TN/03 Rem of Ptn 34 of The Farm Umhlali Wagen Drift No. 1559 Residential
TN/04 Ptn 1 of The Farm Forest Park No. 17950 Residential
TN/01 Ptn 30 of The Farm Umhlali Wahen Drift No.1559 Residential
PTN/1 Rem Of The Farm Grey Water No.18435 Residential
TS/04 Ptn 11 Of The Farm Lot 69 No. 917 Residential
TS/06 Rem Of The Farm Greywater No.1 8435 Residential
TS/05 Ptn 83 Of The Farm Lot 69 No. 917 Residential
ZINKWAZI RESIDENTIAL ZINKWAZI RESIDENTIAL ZINKWAZI RESIDENTIAL Prince’s Grant Golf Estate Tugela Mouth
Z I N K W A Z I
Situated on the North Coast of KwaZulu-Natal, Zinkwazi presents a subtropical environment showcasing diverse wildlife, rich history and the true beauty of the North Coast surrounded by lush greenery.
D E M A N D
O P P O R T U N I T I E S
• Townhouses1448
H E C T A R E S
O F D E V E L O P A B L E L A N D H O M E T OR 1 0 1 4 1 1 0 0 0
Total value of residential transfers from May 2020 - April 2021
RESIDENTIAL
TRANSFERS
RESEARCH INSIGHTS
16% OVER A 9 YEAR PERIOD
ADULT POPULATION
GROWTH
6 5 1
(April 2021)OPPORTUNITIES
TO MEET SPECIFIC DEMANDREQUIREMENTS FROM RESIDENTIAL AND URBAN
AMENITIES
SOCIO-ECONOMIC
UPLIFTMENT
FROM UNLOCKING OF THE LAND FREEHOLD HOMES AVERAGE PRICE POINT 2020AVERAGE PRICE POINT 2020
RESIDENTIAL
R1,825 m / R9 713
PER M2R3 million
SECTIONAL TITLE
“
Zinkwazi and Thukela also offer opportunities to meet local specific demand requirements from a residential
neighbourhood and urban amenities perspective. With the unlocking of this land, the surrounding areas of Zinkwazi and
Thukela will benefit from the socio-economic upliftment and connection to the changing landscape of the North Coast.
“
KWAZULU-NATAL NORTH COAST
L A N D
I N V E S T M E N T S
PRIME NORTH COAST LAND OPPORTUNITIES
KWADUKUZA NU