R50,000,000

Vacant Land Commercial for sale in Kwambonambi

The property is 15,2 ha, along N2, on a prime commercial area of the town.

The feasibility study done a couple of years back, indicated that the KwaMbonambi Town is going to be a hub of commercial activity. The Local Municipality has big dreams of development in and around. The discovery of a coal mine at Dondota, kwaMthethwa Traditional Village, about 20kms west, which intend to have a Truck-Inn ,when transporting coal to Richards Bay Coal Terminal. The King Cetshwayo District and Umhlathuze Local Municipality intend to move the local airport next to N2. This will facilitate the extension of both industrialization towards KwaMbonambi, and allowing enough space for the international airplanes. Since, Richards Bay has no more space for industrial development, KwaMbonambi has come to the rescue, especially because it is located on the N2 freeway, which is all tarred and still safe for the trucks transport.

The Municipality boundaries include Richards Bay Minerals, Mbonambi Tribal, kwaMthethwa Tribal, Sokhulu Tribal, Ntambanana and boarders with uMfolozi River, next to Mtubatuba.

Therefore, KwaMbonambi Town, will be a hub of commercial activity in a couple of years to come; especially because of the wish to make King Cetshwayo District Municipality a Metro by 2026.

To invest in KwaMbonambi now, is a prospect of good returns in future. A consortium of business initiatives appreciate the unpolluted and crime free environment of KwaMbonambi as law-enforcements are always available. The air is still unpolluted and the climate is sunny and beautiful.

The potential of business, both commercial / professional and also Industrial is very good, based on the above-mentioned prospects

Property Type
Vacant Land Commercial
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vacant land commercial listed on 23 Feb 2021