Aida opens new KZN offices

Real estate giant Aida National Franchises is beefing up its presence in KwaZulu-Natal with the opening of a new office in Durban this month and the official launch of the Umhlanga office that began operating in September.

These will be added to a regional network that already includes franchises in Ballito, Amanzimtoti, Scottburgh and Margate, and Aida CEO Alex Fenwick says further expansion is definitely on the cards.

The franchise rights for both the new offices have been awarded to a trio of experienced business people and estate agents that includes Mark Stevenson, a property specialist with 15 years' experience in the KZN property market.

His partners are Virginia and Richard du Toit - Virginia having cut her teeth in the industry as an agent with the Aida Swaziland franchise.

They say that housing stock in and around Durban is now more readily available than the case was a few months ago, and over a wider price range. "For instance, two-bedroom apartments in areas such as Morningside are on the market from R500 000 upwards while prices for standard three-bedroom houses in areas such as Musgrave begin at R800 000," says Virginia du Toit..

"Prices in Durban North generally range from about R600 000 to R2-million, while most of the properties in Umhlanga, for instance, range between R2-million and R7-million," she says.

The two new offices will serve clients in a wide swathe in and around Durban. They are currently interviewing experienced agents to fill their target complement of 30 agents.

Du Toit says the two offices will initially concentrate on the residential property market before extending into the commercial property market.
Loading comments
More news articles
Guidelines to securing a home loan
29 May 2018
Many young South Africans are working hard to achieve their dream of purchasing their first home. However, the process can be challenging due to the daunting application process, which can take up to 2 years and is often enough to discourage prospective buyers.
read more
Things you should consider before upgrading to a new home
23 Apr 2018
The thing about the property ladder is that at some point in our lives we all have reason to want to climb a rung or two higher. Sometimes, it’s because we’ve outgrown our previous dream home, or because we want to be in a better neighbourhood that’s closer to work or to schools. Sometimes it’s because our circumstances have changed, and we’re taking care of elderly parents or relatives. Sometimes, it’s just because we want a property that reflects the financial status our hard work has won.
read more