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R13,500,000

Mixed Use for sale in Umhlanga Central

2,336m²
2,596m²
***** Development Real Estate In Umhlanga Central ******

A rare development opportunity to acquire prime development real estate in central Umhlanga Rocks. Probably the last central development opportunity available with sea and breaker views and situated in an upmarket neighborhood.

Plans have been completed for 18 units with roof top gardens and

undercover parking. The plans currently include 6 x 3-bedroom units and 12 x 2-bedroom units with double car garages and a community pool.

There are also completed plans for 24 units.

  • Prime Location – overlooking the Indian Ocean
  • Expansive land area 2,596 m2
  • Presently the site is being used as a profitable retail centre.
  • Zoned GR:4 with an application for GR:1.
  • Plans for both 18 (GR:4) and 24 (GR:1) apartments.
  • A substancial potential profit margin.
Property Type
Mixed Use
Stand Size
2,596m²
Building Size
2,336m²
Rates & Taxes
R22,000
Reference
2269122
Property history
Listed for sale at R13,500,000
25 Jul 2024
Get to know Umhlanga
It’s hot, it’s bold, and as it continues to attract more multibillion-rand residential and retail property developments – and more ultra-wealthy international investors - Umhlanga is increasingly looking like South Africa’s own Dubai.
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