Is Ballito the key to your company’s future?
Is Ballito the key to your business’s future? Ballito is South Africa’s fastest growing wealth area According to the Afr-Asia Bank SA Wealth Report, the Durban-Umhlanga-Ballito corridor
If you’re looking to maximise your return on investment, is it better to lease, buy or build, and is now the right time?
It’s a big question with far reaching implications for any company. The best advice is to do the research. Look at the market, consider the position your company is in, and make the decision that makes the most sense for the moment. For many types of companies, there are significant advantages to developing a build-to-suit business property on vacant land than buying a property ready-built.
Studies have shown that companies that operate from premises that they designed and built themselves are more efficient, more profitable and more likely to retain key staff than companies that do not. It comes down to that core driver of value: realizing vision. Although buying something ready-built has the benefit of immediacy, the enterprises that are willing to play the longer game reap the bigger rewards. Why is that? Here’s what the study found:
The benefits of building your own commercial premises
1. Designing the space yourself shapes how you operate
Hands-on development of the layout and workflow of your own premises forces decision makers to consider new perspectives and new possibilities. When you retrofit a built space, there’s a greater tendency to go about business as usual, without the added innovation.
2. A premium location costs significantly more to purchase ready-built
When the premises are already built, you pay a considerable premium for an optimal address. Vacant sites in emerging areas offer considerably more room for appreciation, adding to company valuation and the bottom line.
3. Too much space or too little
Buying ready-built means having to compromise in any number of ways. Does one take the bigger place out of town or the slightly more cramped option closer to the customer? With vacant sites, the size of the platform is far less restricting.
4. Appreciating asset
Owning your commercial building offers the benefit of capital appreciation, the rise in your property’s value over time. On average, building on vacant land is more likely to accrue value more quickly than a ready built property.
5. Taking a longer view
Companies that build take a more measured view of the potential of the area, the asset growth and the over-arching implications of their investment than companies that do not. The insights uncovered through the build process contribute to other areas of the business.
A location second to none
North Point Ballito has 52 sites perfectly positioned for future-thinking companies in the Trade, Tech and Logistics sectors. North Point Ballito is situated only 15 minutes from King Shaka International Airport, 40 minutes from Africa’s busiest port and 90 minutes from Richards Bay.
Safe, secure, clean and green, North Point Ballito is where business is moving. If you have a business idea, why not give James a call on 082 921 0044 or email james@cenpropdev.co.za. Even if it’s not the idea for right now, our lines are always open. We love talking business.
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Market shifts always mean new opportunities. The trends are clear: market position and location are going to be increasingly important in reaping the opportunities emerging today. North Point Ballito brings you a range of advantages:
What North Point Ballito provides:
With flexible zoning, a wide range of site sizes and features to choose from and an affordable down payment to secure your spot, you’ll be part of a community of innovators in Ballito. Keen to know more? Drop your details below and arrange a site visit.
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