Vacant Land For Sale in Point Waterfront

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For Sale By:Agency
Description
SITE 1.11

PRIME MIXED-USE, CANALSIDE DEVELOPMENT SITE

FORCED SALE !!!
MAKE A WRITTEN OFFER!!
NB. LAND VALUE : R16,989,750 (plus vat) @ R2,250 / m2

BEST WRITTEN OFFER ABOVE R5,5 MILLION WILL BE ENTERTAINED!!!
Commission of 10% is payable on top the final accepted selling price.

PROPERTY DETAILS:

5,034 OF PRIME CANALSIDE DEVELOPMENT LAND

Land Area : 5,034 m2

Purchased Bulk : 7,551 m2

Primary Bulk (minimum to be developed) : 3,776 m2

Additional Bulk (available to purchase from DPDC) : 5,034 m2

Maximum Permissible Bulk (to be developed on site) : 12,585 m2

Min Height : 4 storeys

Max Height : 6 storeys


SELLING PRICE : MAKE A WRITTEN OFFER !!

___________________

PROPERTY DETAILS

- VALUABLE CANALSIDE PROPERTY;
- BEAUTIFUL VIEWS OVERLOOKING THE CANAL;
- AMAZING REAR VIEWS TO THE HARBOUR & CRUISELINE TERMINAL;
- VIEWS DOWN THE CANAL TO THE HARBOUR ENTRANCE;
- SHORT DISTANCE BY ROAD OR CANAL TO NEW SHOPPING MALL;
- EASY WALK TO USHAKA, THE PROMENADE & THE BEAUTIFUL BEACHES!!

SIGNAL ROAD - Google Street Maps

A prime, canal-side property that is being offered as a forced sale!!

Situated on a sought after canal site, right in the very heart of Durbans' new Point Waterfront Precinct, this prime property overlooks the canals and offers views to the harbour, as well as views down the canals to the harbour entrance.

Importantly, it is only a short walk to the beaches, the promenade and the proposed new 50,000 m2 international beachfront shopping mall.

Noteworthy, it is also only a stones throw from Portnet's new cruiseline passenger terminal & conference centre.

With a zoning of mixed-use 1, a height envelope of between 4 (minimum) and 6 storeys (maximum) & selling bulk of 7,551 sqm of bulk, this well-priced, well positioned, valuable property, should sell fast!!!

There is an additional 5,034 m2 of bulk which, subject to negotiation, may be purchased from the DPDC, as the maximum bulk for the property is 12,585.

It would be ideal property for a mixed-use residential / retail / office development and would offer wonderful views of the canals and the harbour, as well as limited views down the canal, to the harbour entrance.

The draft plans of an architects mixed-use design, can be found in the picture section.

Property Reference #: Site 1.11

Agent Details:
Craig Murphy
Point Waterfront Realty
Shop G-01 The Sails
14 Timeball Boulevard
Point Waterfront
Durban
4001

Id Subtitle 1242769243
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