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2,598m² Building For Sale in Umhlanga Ridge

R14,750,000

Web Ref No CL15071

Seize Your Opportunity: Prime Development Land in Umhlanga Rocks

Unlock the potential of this exceptional real estate opportunity nestled between the dynamic Gateway Theatre of Shopping and the serene Umhlanga coastline. This prime development land spans an expansive 2,598 m2 and is now available at a compelling price of R14,750,000, making it an unparalleled investment in one of South Africa's most sought-after locations.

Key Features:
- Location: Strategically situated between Gateway Theatre of Shopping and the Sea, offering unmatched convenience and accessibility.
- Views: Commanding sea and breaker views that will enchant residents and visitors alike, ensuring an exceptional living experience.
- Development Potential: With a substantial bulk available of 2,336 m2, this site offers limitless opportunities for a mixed-use development featuring residential, commercial, or hospitality spaces.
- Included Plans: Benefit from included plans for both 18 and 24 apartments, meticulously designed to optimize space and views, ensuring maximum return on investment.
- Projected Profit: A projected profit on development of R17.5 million underscores the financial viability and potential return on this investment.

Why Invest Here?
Imagine creating a lifestyle destination that seamlessly integrates luxury living with the vibrancy of Umhlanga Rocks. Whether you envision exclusive residences, boutique shops, or sophisticated dining options, this property provides the canvas for realizing your vision.

Investment Potential:
Priced competitively at R14,750,000, this development land represents not only a secure investment but also an opportunity to shape the future skyline of Umhlanga Rocks. The robust local economy and strong demand for premium real estate ensure a promising outlook for your investment.

Act Now:
Don't miss this rare chance to acquire prime development land in one of South Africa's most desirable locations. Contact us today to schedule a viewing or discuss how this property can anchor your next successful project.

Contact Information:
For more details and to arrange a viewing, please contact Greg.

Seize the opportunity to turn your development dreams into reality with this exceptional offering in Umhlanga Rocks.

Features

Title Freehold
Zoning Retail
Monthly Rates R22,000.00pm Excl. VAT
Floor Size 2,598m²
Land Size 2,336m²

Broker Contact Details

Greg Harris
Kopp Commercial Head Office

Cell 0824147490
Office (031) 3120625
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