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Commercial and Residential land Riverli, NOW SELLING

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7 months ago471 views
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General Details
For Sale By:Agency
Description
Plots now selling for R1750/m2.

This commercial hub shows great potential use for retail, offices, show rooms, fuel station, drive through's.

Riverli is a 170-hectare mixed-use precinct. There are a number of
opportunities available for developers to shape top structure products across
serviced sites from residential and education to commercial and retirement.
This precinct is an extension of Umhlali Village and echoes the town’s heritage,
as the original town centre of the greater Ballito area. Riverli is perfectly placed
adjacent to Umhlali Primary School, a 105-year-old institution known as the centre
of excellence and embodying the heart of the community, which has impacted generations of local families.

ACTIVE SEMIGRATION
Over 75% of annual North Coast semigrants come from KZN with the remaining
majority coming from Gauteng.

DESTINATION OF CHOICE
Internationally acclaimed Club Med Resort has selected the North Coast for their
inaugarual investment into South Africa. Club Med Tinley, a R2 billion investment,
5 minutes from Riverli, will generate over 2 300 jobs.

POPULATION GROWTH
In the last 11 years, the North Coast has grown by 50% with 14 602 new adults,
averaging 110 new adults/41 families monthly.

GROWING RETIREMENT
Between 2020 - 2022/23, sectional title sales show a rise from 28% to 37% in
50+ year old buyers, while freehold sales increased from 27% to 31%.

WHY IS ALL THE ABOVE HAPPENING?
Where else do you get our sunny climate, rich soils, abundance of fresh water,
amazing people, game reserves and world-class beaches?

Property Reference #: 2231555

Agent Details:
Stefan Luth
Swindon Property - Durban
2SIX2 2nd Floor, 262 Florida Road, Morningside, Durban, 4001

Id Subtitle 1340568878
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