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The
Development is situated on the soon to be exclusive address of
Park Avenue overlooking the 2 hectare landscaped park that has
been designed around a large feature lake, surrounded by lush
gardens, scenic paved walkways and terraced amphitheatre. The
park will be the green focus of the new town center and will be
surrounded by the most prestige office and retail developments
available in KwaZulu-Natal.
Park
Avenue is within walking distance of the highly popular Gateway
Shopping Complex, one of the largest shopping & entertainment
centres in the southern hemisphere, that offers brand name
retail outlets, a wide range of restaurants, cinemas, hotels and
modern conference centers.
This
37000m² development gives the following options to investors:
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2880m² of up market retail shops
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6000m² of a-grade offices
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108 one-bedroom apartments with rental pool facility
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8 spacious 200m² luxury penthouse apartments
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500 Parking Bays
Investors can purchase or rent offices from 77m² and retail
outlets from 92m² to 500m².
Park
Avenue offers a rental pool facility to be managed by an
international hotel group and due to it's close proximity to
conference centres and the executive office parks there is a
strong demand for accommodation. Investors will enjoy the
benefit of owning an apartment fully furnished to hotel
standards which will then achieve high daily rentals to
executives and overseas visitors. This ensures a high yielding
investment limited to a maximum of 108 investors.
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