Eris Property Group a leading property investor and developer in South Africa, with their development partner Intersite, has designed the Prime Destination park to provide 90,000sqm of modern business space. The park is ideal for users requiring commercial, retail, showrooms
& offices space.
Umgeni Deco & Lifestyle Park is ideally located within the Springfield Industrial precinct
and takes advantage of the thriving node. The land is the last centrally located undeveloped piece of land in Durban. The highly visible site is less then 10km for freight coming into
the city from the Durban port.
Eris Property Group a leading property investor and developer in South Africa, with their development partners, Intersite & Accesio has designed the Prime Destination park to provide 90,000sqm of modern business space. The park is ideal for users requiring commercial, retail, showrooms & offices space.
Umgeni Deco & Lifestyle Park is ideally located within the Springfield Industrial precinct and takes advantage of the thriving node. The land is the last centrally located undeveloped piece of land in Durban.
The highly visible site is less then 10km for freight coming into the city from the Durban port.
Access to the precinct is exceptional following major upgrades to the Umgeni interchange and Umgeni Road allowing ease of vehicular access to the national road network as well as to the city road network. Visitor access into Umgeni Deco & Lifestyle Park is via the efficient road network or by train via the future rail network currently being planned by the EThekwini Municipality, added to its excellent accessibility, it offers great visibility and brand exposure, too.
Umgeni Deco & Lifestyle Park will be secure to support its tenants with high-spec infrastructure as well as a comprehensive framework of services and other quality features in a landscaped “green” environment.
Umgeni Deco & Lifestyle Park will create a mix of tenants that add value to the park and its occupants trading potential, therefore becoming is a single destination to source décor, lifestyle and other related products or services.
UMGENI DECO &
LIFESTYLE PARK IS
IDEAL FOR TENANTS
As a thriving retail, commercial and business park the Umgeni Precinct is already home to
some of the most prominent retail and commercial users in the greater Durban area.
KING SHAKA AIRPORT
Modern businesses demand the best connections and Umgeni Deco & Lifestyle Park is ideally located.
Situated just east of the N2 highway where it crosses the Mgeni River. TheN2/M19 interchange upgrade has recently
been completed adjacent to the site and aids the site’s overall accessibility, as will the planned commuter rail station
forming part of the site. This will help integrate the Park with Durban CBD, creating a vibrant extension to the precinct.
Major investment in the on-site transport infrastructure will further strengthen local links and make it easier for commuters
and leisure visitors to come and go.
ABOUT THE DEVELOPERS
Eris Property Group (Proprietary) Limited (Eris) is a property development and services group, which provides a range of commercial property skills in the South African and sub-Saharan African markets.
Eris Property Group employs 405 people across 7 offices.
Eris understands that all levels of property related decisions are critical to the long term success of all stakeholders; our attention to detail ensures optimal and efficient solutions. The full spectrum of
property services we offer include:
The shareholders of Eris are: MMI Holdings Limited & Eris Management
Eris has successfully developed commercial properties to the value of R25bn since 2000 in 5 countries.
PRASA is established in terms of Section 22 of the Legal Succession to the South African Transport Services Act on 2008 (as amended). It is a public entity wholly-owned by Government and report to the Minister of Transport. The legal mandate directs PRASA to deliver commuter rail services in the Metropolitan areas of South Africa, long-distance (inter-city) rail and bus services within, to and from the borders of the Republic of South Africa. This mandate is implemented in consultation with and under the guidance of the Minister of Transport.
With over 400 stations and vast tracts of land in prime positions around the country, PRASA owns some of the most promising developmental rights in South Africa. PRASA is always on the lookout for innovative deals to develop these opportunities, with an emphasis on partnering with local companies and authorities to stimulate growth through job creation.
Intersite Asset Investments is a subsidiary of PRASA, the Passenger Rail Agency of South Africa.
Intersite Asset Investments is an investment company created with the primary objective – to enable PRASA to fulfil its mandate of transporting people. Intersite’s mandate is to leverage PRASA Group’s
large asset base. Intersite is responsible for property and asset development, and to drive the commercialization of select and approved PRASA assets including through facilitating for private
sector investment in PRASA’s assets.
Intersite Asset Investments provide property and asset investment solutions to PRASA through a range
of innovative and entrepreneurial solutions they undertake project services to third parties to enable PRASA and Intersite to derive maximum economic and financial benefit.
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