Secure business estate brings new opportunities

Writer Hedda Mittner

Many people have asked us why we would launch a property development in these uncertain times,” said Jaco Olivier, one of the developers of the new light industrial development, Flagship Business Park, at a presentation hosted at The Marine last week.

This development, located on the Fisherhaven side of Hawston on the R43, includes 68 Business Zone 2 erven and two Business Zone 3 erven. It will be the first business park in the area with 24-hour security, including a guard house and boomed entrance, CCTV and security fencing.

“The economy is at a low right now, but it will pick up again. We’ve been through economic crises before – in 1987, 1997, 2008 – and every time the economy recovered, and property followed. We want to be at the beginning of that up-curve by investing in a town that has stability and growth, and good local governance,” said Jaco.

Among the guests attending the launch of the Flagship Business Park at The Marine last week were Elzette and Johan Visser, and Overstrand Deputy Mayor Elnora Gillion and her husband Craig.

The developers, Afdaksrivier Property Development (Pty) Ltd, have given AIDA Hermanus and BA Brokers a joint mandate to sell the 70 erven. “This is a good time to be investing in this development, with transfer only taking place in a year’s time,” said Jaco. “The Flagship Business Park will provide a boost to the local economy through sustainable job creation and the upgrading of infrastructure.”

The development will only take up 20ha of the 86ha property, with 23ha set aside for conservation. “Alien clearing will be done and a biosphere corridor to the coast will be created,” said Jaco, adding that it will be protected and managed by a trust established by the Overstrand Municipality. No rights have been granted as yet for the remaining 43ha, which will be subject to a new application.

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