New Development Profile
70% of Phase 1 sold in a week, we are pleased to introduce to you the new Industrial Park to be undertaken on a Co-Development at Cost basis which will be constructed on one of the most prime sites at the entrance to Cornubia Industrial Estate.
This development will be developed in two phases but if demand results in a sell out of Phase 1, Phase 2 will follow immediately thereafter and it will be built as one development which will result in significant economies of scale for the benefit of investors.
Land transfer will take place in November 2013 as the Township infrastructure nears completion. Completion of Boulevard Business Park will follow in October 2014.
Tongaat Hulett Development has reported that approximately 75% of the industrial land at Cornubia has already been sold to large industrial companies such as Afrox, Bidvest etc. and to developers such as JT Ross, Redefine etc.