If you haven’t noticed that KZN’s North Coast is booming, you’ve been hiding out in a hole on Mars. And right in the middle of this incredible commercial, industrial and economic upswing – and perfectly positioned to take advantage of the many exciting opportunities that it presents – is Imbonini Park.
Imbonini Park – the second phase of which will be launching soon – is an industrial and commercial property development comprising a variety of development opportunities within a single, secure, upmarket industrial estate. A large cross section of industries have already made Imbonini their home, and the park now includes a number of mini factory, warehousing and large manufacturing concerns.
The development offers an ideal location just 10 minutes from KSIA and the Dube Tradeport, and 1km from the N2 freeway. This extremely accessible location, coupled with superb main road signage opportunities, makes the park appealing to both end users and investors alike. Imbonini’s location midway between Richard’s Bay and Durban is becoming all the more appealing to businesses in search of commercially viable and convenient premises.
Currently, the ports of Durban and Richard’s Bay handle nearly 80% of the South Africa’s cargo tonnage. The development of KSIA and the Dube Tradeport are only the first signs of new growth and expansion in one of South Africa’s fastest growing regions.
With a location literally at the crossroads of industrial and commercial infrastructure on KZN’s North Coast, development at Imbonini Park is progressing rapidly. Phase 1 – approx. 141 000m2 of serviced and platformed land – saw investment predominantly by end users. Of a total of 42 sites, only 6 remain available for purchase. 5 sites are currently being developed, and 14 are complete.
Ed Peen (Chairman of Imbonini Park and Amber Dawn Developments) is excited about the success of Imbonini Park thus far and the development’s future prospects. He says “We are delighted with the success of Imbonini Park and look forward to its continued success when we launch Phase 2”.
Phase 2 of Imbonini Park will be launched soon, comprising 400 000m2 of high end industrial land as well as a residential and commercial component. A phased approach will be adopted in the sales of Phase 2. The first portion of the second phase to be unlocked will be approx. 4 Ha in size, comprising 4 sites of 6 000, 8 000,
11 000 and 16 000m2 respectively. At the same time, plans are in place to widen the R102 all the way through to Stanger to enable the road to cope with increased traffic flow – granting further benefits to investors and owners at Imbonini Park.
As Ballito establishes itself as the new commercial hub of KZN, the time has never been more perfect to invest in KZN’s North Coast. Both for investors looking for secure, guaranteed growth; and end users in search of the ideal business premises near Ballito, Imbonini Park offers the perfect opportunity to succeed.
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