R 13 500 000

Commercial Property for Sale in Umhlanga Central

Umhlanga, Umhlanga Central

* 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 Overview

Listing Number

114725489

Type of Property

Commercial Property

List Date

29 July 2024

Erf Size

2 596 m²

Floor Area

2 336 m²

Rates and Taxes

R 22 000

Building

Building Grading

P Grade

Power Availability

Single Phase

Points of Interest

Commercial Property for Sale in Umhlanga Central

***** development real estate in umhlanga central ******

Education

Food and Entertainment

Health

Shopping

Sports and Leisure

Contact Agent

Contact Agent

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