Ballito - The Investors Paradise
Category Investment
The booming town of Ballito was established in 1954 as an exclusive holiday resort, and continues to be one of South Africa's most popular destinations. With the development of several estates in the resort town it has become a desired suburb for year-round living. This trend has made way for many businesses to grasp opportunities and fill in the gaps to provide their expert products and services.
Ballito is located just about 40 kilometres north of Durban and forms part of the KwaDukuza Local Municipality, and iLembe District Municipality. It is nicknamed the Dolphin Coast as these aquatic mammals are common on this stretch of the North Coast shoreline. The beauty of Ballito is evident in the glittering blue Indian Ocean views and white beaches on one side and lavish green hills on the other.
Since the development of King Shaka International Airport and Dube City there has been immense growth in the economic hubs surrounding the airport, which includes Ballito. Making the town a great place to make commercial, retail, residential and hospitality investments. With the rise of developments in the town, the main entrance to Ballito from the N2 highway was promptly upgraded and includes a multi-level interchange to ease traffic. The upgrades now include the widening of the road to four lanes in Ballito Drive, and proper pedestrian walkways. Enterprise iLembe, the region's investment arm, was also formed to develop Ballito and the iLembe area as an investment destination of choice.
The commercial business park is situated alongside the N2 highway and for investors, the Ballito Business Park is the place to be. The area incorporates smaller business park developments and offers investors a range of buying and letting options. Whether it is from mini-factories to showrooms or manufacturing sites, the Ballito Business Park is a much desired economic zone. There are also affordable hotels situated close to accommodate the demand for business travellers in the heart of the commercial zone.
There is a significant collection of thriving businesses in Ballito. Aside from hotel and leisure, other industries that have invested in the area include international motor dealerships and ancillary businesses to the motor trade, homeware products and retailers, as well as logistics companies who have established offices and warehouses in the business district. There are many shops and popular restaurants in the town as well as several large shopping centres. These shopping centres include the 80-store Ballito Lifestyle Centre, Ballito Junction Regional Mall, and The Quarter Boutique Shopping Centre, to name a few. The town also caters for the younger enthusiasts with fantastic family adventure attractions such as the crocodile farm.
The lifestyle in Ballito is very laid-back and "chilled". Holiday makers and residents enjoy mainly fishing, surfing, paddle-boarding and swimming. There is also a 2,5km promenade a boon for joggers and walkers. The Gunston 500 surfing contest, renamed the Ballito Pro which takes place in July significantly adds to the tourism and economy of the town.
Be it for personal use or to generate an additional income, the residential property market in Ballito is also a great form of investment. The demand for residential property has increased with gated estates being a popular choice. Many residential homes have also sprung up around Ballito on land that was once sugarcane farms.
Ballito is a thriving town that is an investor's paradise. Whether it is for commercial or residential investment, the town appeals to both young and old. If you are keen on investing in this prosperous area, contact the Kamdar Group now.
Author: Kamdar Group
