Tue, Nov 29, 2022
HomeGovernmentInvestment opportunities in the Avoca Nodal Development

Investment opportunities in the Avoca Nodal Development

The project is seeking more private investors to invest in the second and third precinct.

Avoca Nodal Development

Brief project description

The three sites comprising the Avoca Nodal Development were owned by Corobrick and used to mine clay for brick making. These are now being sold for redevelopment purposes.

The Avoca Nodal Development consists of three precincts ideally located along the N2 corridor.

The precincts consists of the Brickworks and Northfields industrial developments and the Caneridge residential development.

  • Location: eThekwini Metro
  • Economic sector: Industrial (Logistics and warehousing)
  • Total investment value: R10-billion ($683-million)

Project status:

  • The project is seeking more private investors to invest in the second and third precinct.

Project finance:

  • eThekwini Metro
  • Private Developers

Partnerships:

  • eThekweni Metro
  • Private Developers
RELATED ARTICLES

Investment Projects

Business News

spot_img

Recent News

spot_img