Sep
2019
South Beach, Durban Central has undergone some changes since the development of uShaka Marine World. Due to the location of South Beach property usage is primarily apartments. This ties in very well with the whole Durbanite lifestyle of surf, sun and nightlife.
This also means the convenience of a lock-up and go lifestyle would put these apartments in a high demand category. The dual use of these apartments as residential property and the lucrative second holiday home market is a factor that will see property values steadily increase thus making for a sound investment over the long-term.
Looking at the location of South Beach there is a third dimension to be added to the usage namely student accommodation. The Durban University of Technology is a short drive away as is the University of KwaZulu-Natal.
Once the children have left the nest, the apartments can serve as that almost paid for second holiday home on the beachfront.
With all the highly rated hotels in South Beach and North Beach means that status rubs off on the residential market to some extent benefiting property owners in the long-term.
With Johannesburg being the largest manufacturing or industrial hub in Africa puts Durban firmly in second place. This means that location in relation to the office is somewhat of an important factor and this is of benefit to residents in South Beach as all the larger manufacturing hubs are, for obvious reasons central to the harbour.
An interesting fact about Durban and the combined towns is that it is one of the biggest cities on the entire Indian Ocean continent of Africa.
Many established families and of course first-time buyers have a safe suburb to enter the property market in with suburbs like South Beach, and important amenities like schools and day-care centres add to the appeal of the suburb as a residential address.
Take a tour of the apartments in South Beach, Durban Central via the Myroof web site.
