Nov
2015
The KZN coastline is a haven for many attractive reasons. Durban North is a suburb of Durban which is set on undulating natural hills and sand dunes established when emigrants decided to set up trade in this beautiful landscape.
Most of KZN rests on sugarcane farming, the paper industry and tourism. That would mean that most of the suburbs and towns in KZN are quite old and well established.
The major driving factor to Durban North is its location and surrounding suburbs which by themselves are sought after property investment hubs serving a dual purpose of primary residence and then holiday homes.
The mixture of property use means a larger pool of investors are attracted with apartment buildings, freehold homes and cluster homes. The property values are by no means inexpensive as factors which drive market values are things like views of the sea and beach, architecture and size.
Investors wanting to avoid the bustle of the tourist throngs in peak season would find Durban North to be in an ideal location as it is far enough removed from the beaches to avoid the bustle but close enough to the beach and water’s edge for the distance to influence the property values.
Buy-to-let investors seeking minimal fuss generally invest in sectional title apartments or cluster homes as they are targeted by tourists as convenient lock-up and go homes. The KZN coast is a seasonal holiday destination with three major holidays that bring tourists for at least two weeks every season. The favorable weather conditions do permit tourist to enjoy the region all year round.
The suburb is well established for permanent residents with schools, malls commercial hubs and industrial hubs servicing employment for the region.
Take an armchair tour of the exclusive homes in Durban North via the MyRoof website.
