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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