Page 9 - Business Sense 11.1 (Virosha Pillay)- eBook
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ANTICIPATED RELOOK INTO KWAZULU-


         NATAL TO UNDERPIN GROWTH




























               OME-GROWN national     being developed at Tinley Manor   The KZN Midlands is a      Consequently, the group is   announced. Further small cuts
               property group Tyson   which offers an invitation to the   property stalwart with more and   actively relooking its home   are anticipated during the year.
        HProperties continues         rest of the world to discover the   more investors opting to relocate   market by reworking its business
                                                                                                                                 “The indicators are in place
        to focus on steady growth and   province’s best kept secret,” he   from the city and work remotely.   models to underpin growth   for a solid property run over
        unfolding opportunities and   says.                         It is close to major cities such   over the next few years. It has   the next 18 months and we are
        opens two new offices serving   The KZN North Coast real    as Durban and Johannesburg    already tripled its head count in   gearing up for an upbeat market,
        two key markets – the KwaZulu-  estate market is thriving and has   with good road infrastructure   the Pietermaritzburg and Natal   focusing on building stock in
        Natal (KZN) North Coast       been achieving steady sales since   that is in the process of a major   Midlands franchises.  anticipation,” Tyson says.
        and Pietermaritzburg in the   2020. These reflect the ongoing   upgrade. In addition to some   Launched in 2005 with a single
        Midlands.                                                   of South Africa’s best scenery,                              The Tyson website receives
                                      demand for secure estate living                             Durban-based office, Tyson
          Tyson Properties director,   close to the coast with many   it is also home to many of the   Properties has grown into a   more than 13000 unique visitors
                                                                                                                                monthly from as far afield as
                                                                    country’s top schools.
        Murray Haywood, who is        families relocating to take                                 national operation with 590   China, Australia, the US, UK
        establishing the new Salt Rock   advantage of good schools and   Tyson Properties CEO Chris   employees in 26 offices. Tyson   and United Arab Emirates
        based office says the KZN North   professionals putting down roots   Tyson says the province has long   Properties has scooped both
        Coast is rapidly emerging as one   in the province’s economic hub.  been South Africa’s most stable   national and global awards while   (UAE). 
        of South Africa’s prime locations   “I chose to move here to achieve   market and, while it did take a   remaining grounded in sound
        for lifestyle and investment.                               battering during tough times, it   ethics and strong stakeholder   For more information visit
                                      a balance of lifestyle and weather                                                        www.tysonprop.co.za
          “The North Coast will become   as well as to seize an incredible   has always bounced back.  relationships.
        the ‘Atlantic Seaboard’ of KZN   opportunity to buy and sell some   “If the national market   Tyson is optimistic about the
        in the next five to ten years as    of the most exclusive future value   drops 20%, KwaZulu-Natal   property market in KZN as
        European investors discover   properties. There is no limit as   only drops 12% reflecting its   well as nationally in the wake of
        it. Already, there are more   the estates also make provision   buoyancy. It has always been   recent long-awaited interest rate
        international flights arriving and   for sectional title free standing   a sound province in which to   cuts. The most recent ended 2024
        property prices will continue to   homes and retirement units,   invest despite the infrastructure   with an effective  0.50 percentage
        increase. We have exciting times   assisting entire families to live   challenges following the 2021   point drop and in January 2025,
        ahead. The Club Med resort is   together,” says Murray.     riots and 2022 floods,” he says.  a 0.25 percentage point drop was


        A UNIQUE BLEND OF LUXURY AND ADVENTURE



              lub Med’s forthcoming   employment opportunities.     and children. For those seeking   friendly practices and materials   Club Med South Africa is
              venture, Club Med South   During its construction phase,   relaxation, amenities include   throughout its development.  not merely a new resort; it
        CAfrica, is set to redefine   the project will also engage   a spa, fitness centre with daily   Additionally, Club Med has   represents a transformative
        South Africa’s tourism landscape.   approximately 1,200 workers,   classes, a yoga school, and an   partnered with Agrisud, a   development for South Africa’s
        This R2 billion investment marks   offering notable opportunity.  adult-only Zen pool and bar.   renowned non-profit organisation,   tourism sector. As the resort
        the brand’s inaugural foray into   Resort features and amenities  Enhancing its unique appeal,   to support the development   moves closer to its grand
                                                                                                                                opening, anticipation builds for
        the country, promising a unique                             Club Med South Africa offers a   of local businesses within the   the exceptional experiences it
        blend of beachside luxury and   Club Med South Africa will                                resort’s supply chain, promoting   promises to deliver. 
        safari adventure.             offer guests panoramic views   dual beach and safari experience.   inclusive growth and sustainable
                                      of unspoiled beaches and      An 80-room lodge is being
          Strategically located along   coastal dunes, with interiors,   developed within a Big Five   livelihoods in the community.   www.clubmed.co.za
        KwaZulu-Natal’s Dolphin Coast,   entertainment, and culinary   game reserve, approximately a
        renowned for its subtropical   offerings inspired by southern   3.5-hour drive or a 40-minute
        climate and pristine white-sand   Africa’s rich culture and climate.   flight from the main resort.
        beaches, the resort is poised to   Accommodation options include   This allows guests to seamlessly
        become a premier destination   premium rooms and an exclusive   transition from coastal relaxation
        for both local and international   collection space, catering to   to thrilling wildlife encounters,
        travellers.                   diverse guest preferences.    providing a comprehensive South
                                      Families will appreciate the   African adventure.
          Construction commenced in   world-class kids’ clubs, designed
        early 2024, with the resort’s grand  for children from four months   Sustainability is central to
        opening slated for July 2026. The   old, fostering curiosity and fun in   Club Med’s ethos. In line with
        development is anticipated to be   a safe environment.      global sustainability standards,
        a significant economic catalyst   Active guests can enjoy a variety   Club Med South Africa is
        for the region. Projections   of land and water activities,   committed to achieving a
        indicate the creation of over 800   such as sailing, surfing, diving,   4-star rating from the Green
        direct jobs and an additional   snorkelling, padel tennis, beach   Building Council of South Africa
        1,500 indirect positions, thereby   rugby, and archery. Notably, the   (GBCSA). The resort’s design
        invigorating the local economy   resort will feature Club Med’s   emphasises environmental
        and providing substantial     first Surf School for both adults   stewardship, incorporating eco-  Artist impression courtesy of Craft of Architecture




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