PORTFOLIO OF LAND FOR CONVERSION
IN KWAZULU-NATAL


Tongaat Hulett has an unequalled portfolio of 8 200 developable hectares (12 900 gross hectares) of land in prime locations, prepared for unlocking substantial value and cash flow. Sales over the next five years are likely to come from 3 710 developable hectares of key focus areas.

    AREA   Developable
hectares
  FOCUS AREAS
DURBAN
TO
BALLITO
  URBAN GROWTH AND CONSOLIDATION - UMHLANGA REGION   1 122   3 144
developable hectares
from a total of
4 600
  Ridgeside Remaining Precinct 1 and 2   42  
  Ridgeside Precinct 4   20  
  Umhlanga Ridge Town Centre   9  
  Izinga/Kindlewood   152  
  Umhlanga Ridge Westerly Expansion - New Town Phase 1 (Retail)   12  
  Umhlanga Ridge Extension - Cornubia New Town Phase 2   234  
  Umhlanga Ridge Town Centre Western Expansion   45  
  N2 Business Park   38  
  Umhlanga Hills   42  
  Marshall Dam Residential   12  
  Marshall Dam Town Centre   42  
  Consolidating Urban   40  
  Integrated Residential   15  
  Cornubia Industrial   29  
  Cornubia North   264  
  Integrated Residential   300  
  Medium Density Residential   84  
  Consolidating Urban   80  
  N2 Business Par   80  
  Industrial   80  
  COASTAL / LIFESTYLE / LEISURE / HIGH-END RESIDENTIAL   275  
  Zimbali Lakes   47  
  Sibaya Node 1   49  
  Sibaya Node 5   76  
  Sibaya Node 4   103  
  AIRPORT REGION BUSINESS AND RESIDENTIAL   1 725  
  uShukela Drive - Airport Linked Industrial, Retail and Logistics   49  
  Amanzimnyama - Office / Business / Industrial and Logistics Park   345  
  Compensation (East) - Industrial and Manufacturing   73  
  Compensation Western Expansion - Industrial and Manufacturing   152  
  iNyaninga East - Industrial / Logistics / Manufacturing   550  
  iNyaninga West, Lindokuhle, Aberfoyle, Dudley Pringle -
Residential and Urban Expansion of oThongathi (Tongaat)
  556  
  REMAINING SITES ON NEARLY COMPLETED DEVELOPMENTS   22  
             
WEST OF
DURBAN
  URBAN EXPANSION WEST OF DURBAN   296   296
developable hectares
from a total of
1 100
  Ntshongweni - Residential Infill / Consolidation   57  
  Ntshongweni - Retail and Urban Core   78  
  Ntshongweni - Logistics and Business Park   161  
             
COASTAL
NORTH OF
BALLITO
  COASTAL NORTH OF BALLITO   270   270
developable hectares
from a total of
2 500
  Tinley Manor South Banks – Resort   270  
             
    GRAND TOTAL       3 710
developable hectares
from a total of
8 200

URBAN GROWTH AND CONSOLIDATION OF THE UMHLANGA REGION

The region of urban growth and consolidation of Umhlanga is the fastestdeveloping and highest-value node in KwaZulu-Natal. It includes, within a two-kilometre radius, areas such as Ridgeside, the Umhlanga Ridge Town Centre, with its western expansion into Cornubia and the growing residential suburbs of Izinga and Kindlewood. This region includes 1 122 developable hectares, from which sales are being targeted over the next five years.

COASTAL, LEISURE AND HIGH-END RESIDENTIAL PRECINCTS BETWEEN
UMHLANGA AND BALLITO

The coastal lifestyle, leisure and high-end residential market is highly attractive in KwaZulu-Natal. Tongaat Hulett’s focus is on 275 developable hectares, from which sales are expected to be drawn over the next five years. These areas include a range of land uses consisting of lower density residential, hotels, higher density residential and mixed use nodes and limited commercial space. From within this zone, the 2014/15 financial year will see a comprehensive international launch of our commercial process to fully explore a large land transaction focusing on Nodes 1 and 5 of Sibaya.

AIRPORT REGION BUSINESS, INDUSTRIAL AND RESIDENTIAL EXPANSION

The King Shaka International Airport and the associated Dube TradePort comprise one of the key economic catalysts created by the KwaZulu-Natal Provincial Government and the heart of a planned Airport City or Aerotropolis. The area is currently the focus of significant ongoing infrastructural investment and is planned as one of two Special Economic Zones to be established in KwaZulu-Natal. It is anticipated that this will generate an increasing momentum of investment, including by foreign and global companies. Tongaat Hulett has identified 1 725 developable hectares in the airport region that are expected to yield sales over the next five years.

COASTAL DEVELOPMENT NORTH OF BALLITO

Tongaat Hulett owns 2 500 hectares of prime coastal property along the coastline, north of Ballito. As the tourism sector in KwaZulu-Natal develops over time, these landholdings are ideally located to attract major resort development, including by global players.

The first landholding being targeted north of Ballito comprises the 270 developable hectares to the south of the Mhalali River near Tinley Manor. This is driven both by the northward growth of the Ballito area and by the resort potential of this stretch of the KwaZulu-Natal coastline.

URBAN EXPANSION WEST OF DURBAN

Beyond its historical land conversion activities in the corridor north of Durban and around Ballito, in the next five years Tongaat Hulett is targeting the commencement of development in areas at Ntshongweni on the N3, near Hillcrest, to the west of Durban.

The area is attracting significant interest for the development of a new super-regional shopping centre, which in turn is generating interest for the establishment of a new urban core similar to the Umhlanga Ridge Town Centre. The area, likewise, represents one of the best-located sites on the N3 corridor for logistics and light industrial development. The first three precincts of Ntshongweni are being focussed on to commence sales within the next five years.