With the development of new transport corridors, a number of opportunities for property investors to generate great wealth have arisen across South Africa in recent years. The emerging commercial (as well as residential) development opportunities surrounding these corridors are extensive.
Although not an exhaustive list, the following new transport corridors have provided property developers and investors with opportunities to build and buy into wealth-creating real estate.
The Gautrain corridor between central Johannesburg and Pretoria and the OR Tambo International Airport, on the eastern side of the main Gauteng development corridor
The road link network between Pretoria and Nelspruit
The road link to Richards Bay along the north coast of KwaZulu-Natal
The new King Shaka International Airport on the north cost of KwaZulu-Natal
The Rustenburg Rapid Transport System (scheduled to be completed in 2014)
These new corridor developments act as catalysts for other new real estate development, which typically follows this nodal development pattern:
For the full article, please refer to Asset magazine; information provided by Courtwell Consulting.