Tourism boosts property market in Durban North

25 September 2019 | Web Article Number: ME201916485

Commerce & Trade
Property – Commercial & Industrial

DURBAN North, already a highly sought-after residential choice for families, is being transformed by another trend, the demand for tourist accommodation.

That’s according to Greg Harris, owner of the local Chas Everitt International franchise, who said: "Many of the larger homes, once owned by wealthy families, are now being converted into guest houses and bed & breakfast (B&B) accommodation by business-minded locals who see promising tourist potential in the suburb.

"And this trend looks set to grow as Durban North has widespread appeal among domestic tourists and business visitors who are increasingly booking accommodation in these types of properties."

Harris said the guest house and B&B sectors in the suburb are fuelled by travellers seeking comfortable accommodation with a homely atmosphere that is affordable, secure and strategically positioned close to key arterial routes and places of interest.

"Besides offering a home away from home, guest houses and B&Bs here are attractive options for business tourists because Durban North is close to a number of commercial precincts and commercial hubs such as La Lucia Office Park, Ridgeside Office Park (uMhlanga) and Simbithi Office Park (Ballito).

"Adding to this convenience, the King Shaka International Airport is only 25,8km away or a 22-minute drive via the N2, allowing for an easy commute into and out of the suburb."

Domestic tourists, he said, are opting for this type of accommodation because it is much more affordable than hotels, while still placing them close to attractions such as Virginia Beach and Japanese Gardens, as well as other gems along the North Coast including the KZN Sharks' Board, Sugar Rush Park and the Harold Johnson Nature Reserve.

"Location, affordability, attractions and convenience will be the driving force behind the growth of guest houses and B&Bs in Durban North, and we expect more homes to be converted into such sought-after accommodation for business trips and holiday getaways."

Harris advised that if you're currently looking for a property for guest house or B&B purposes, it is important to first research the topic and get a good understanding of what you're getting into.

"You can either buy an existing guest house or B&B, in which case it is advisable to double-check the zoning permissions to make sure it is operating legally, or you can buy a property that hasn't been zoned as yet and take the necessary steps to apply for zoning permission through the local municipality."

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