Real Estate Investor Magazine South Africa June 2016 | Page 42

INVESTMENT INTELLIGENCE

Investing in Durban’s

Inner City Residential Property
Opportunities for inner city landlords

R

ecent announcements by
the eThekwini metropolitan municipality combined
with a renewed appetite for inner
city property is creating opportunities for investors in Durban. We
spoke to Sivan Govender, Regional Manager for TUHF’s KwaZulu
Natal branch about these opportunities.

Market focus
Give us an overview of the
Durban inner city property
market?

Investing in Africa’s
biggest port is Durbans
primary appeal to
Investors
40

JUNE 2016 SA Real Estate Investor

The Durban inner city is alive and
thriving. Investment in the inner
city is experiencing revival after
the mass exodus of business and
residents to areas north of Durban
over the last few years.
Property investors are showing
renewed appetite within the inner
city, many of them attracted by the
double digit returns and the ability
to still find good value within
the inner city, close to bustling
economic activity and transport
nodes.
Areas within the Durban inner
city consist of South Beach, Point
www.reimag.co.za