Port of Durban expansion: why the KZN South Coast is the next property investment hotspot

Land is, however, scarce in Prospecton and there are no new large freehold sites with high-end specifications in the pipeline, despite the high demand. TheKwaZulu-Natalproperty sector is boosted by the significant multi-year upgrades and modernisation of the Durban Port, along with other upgrades such as the N2 and general development. These include the industrial warehousing and logistics property, says Michelle Harris, licensee for Seeff South Coast.

The Durban Port is a major economic gateway, connecting regional and local economies to international shipping routes, thereby boosting the region and small towns of the KZN South Coast area. It is said to support trade in sectors such as automotive, manufacturing, and agriculture. A key beneficiary of the Port is the Durban South Basin (DSB), which includes areas such as Prospecton, Mobeni and Jacobs in Amanzimtoti.

These areas are in high demand, close to the N2 and about 15-minutes from the port. It is an important and thriving industrial warehousing and logistics hub for the port, well-known for the major Toyota manufacturing plant, which produces several models, including the Hilux and Corolla Cross, says Camilla White, a property agent with Seeff Amanzimtoti.