- 9 623.0 m2
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Property description
Take advantage of this unique chance to purchase one of the final sea-facing residential opportunities in the Sibaya precinct. The site lends itself towards a medium density sectional title scheme with outstanding 180-degree sea views. The site is 9 623 square metres with 8000 square metre bulk.
65 residential units are permitted on this site, with a maximum of four stories.
This prime PUD (Planned Unit Development) site, with spectacular sea views, is one of only three sites purely allocated to residential development within the precinct. There is no transfer duty, but VAT must be added to the purchase price of R32 million.
Sibaya is one of the fastest growing nodes on the KwaZulu-Natal north coast. R5billion is being injected into the area, including a new shopping centre, HQ Sibaya Office Park, hotels, a conference centre, service station, the Porsche showroom and big nationals like Weylandts and Hertex, are relocating to the area,
There is massive infrastructure development including an extension of Heleza Boulevard to the M27 leading directly into Umdloti.
Call Frances to secure your personal presentation.
Property Details
Property Features
| Erf Size | 9 623.0 m2 |
