New Point property offers A-grade space

AS PART of the major regeneration of Durban Point’s waterfront development, The Spinnaker mixed-use, high-rise development at the gateway to the Point is a prime example, according to Gareth Quin of specialist consultants and brokers, Apartmentbox. “This long awaited project represents a host of substantial benefits for Durban as it moves closer to becoming an internationally recognised city of substance,” he said. “With dramatic reform laying the platform for large scale economic benefits, investors and end users would be prudent to take a long look at the potential upside of purchasing in the Waterfront.” Apartmentbox sees what it describes as “a dire need for A-grade commercial space” in this area over the coming years. It feels that The Spinnaker development should suit the shopping list of anyone looking to pick up a well priced commercial property. “With the harbour widening and general growth of the Durban port,” said Quin, “coupled with blue chip relocations and head office developments, commercial property investors at this level are well placed.”