Double celebration for Tyson Properties

This past week delivered up a double celebration for Tyson Properties with the opening of its first franchise and the formalisation of its tie-in with mortgage originator Bond Choice as a preferred home loan-processing partner.

The franchise – the first estate agency at the The Durban Point Waterfront – reflected the company’s confidence in the area and recognition as one of the city’s prime development and growth nodes. The franchise will take occupation in its new home at uShaka Marine World in October.

Elaborating on the motivation for Tyson Properties presence at the Point, Chris Tyson, managing director said in addition to the R6 billion plus in green fields developments expected in the area over the next eight years he was particularly confident of its long-term potential being given greater recognition by investors whose interest had heightened following the development of several millions of infrastructural upgrades and residential projects at the Point.

A number of mega mixed-use developments that are expected to fast track significant retail development within the area are imminent. Tyson also champions the potential of major investment opportunities along the beachfront, driven by the sustainable growth of domestic tourism and opportunities spawned by the 2010 FIFA World Cup.

Within days of the new franchise being opened Tyson said it had recorded good sales and above anticipated market interest.

Tyson’s foray into franchising has been backed by its recent tie-in with Bond Choice, which has facilitated residential and development finance since the regeneration of the Point got under way.

Tyson’s uShaka franchise – Tyson Properties Beach - is owned by top property consultant Cecily Deetlifs (left) and businesswoman Cheryl Molinar. Tyson has also retained a business interest in the new venture.
Loading comments
More news articles
news
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
news
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
Get pre-qualified
Make offers with confidence knowing what you can afford. Then shop for the best home loan
Bond Calculator
Calculate the estimated repayments on a home loan and savings with extra payments