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2,228sqm VACANT DEVELOPMENT LAND FOR SALE IN POINT WATERFRONT
R 20,000,000
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2 years ago492 views
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General Details
Location:
For Sale By:Agency
Description
PRICED TO SELL!!!!!
UNIQUE PRIME HIGH RISE DEVELOPMENT LAND
FANTASTIC VALUE FOR MONEY SITE, NEXT TO THE WATERFRONT PRECINCT & HARBOUR!!!!!
ZONED MIXED USE - RESIDENTIAL, HOTEL, COMMERCIAL & RETAIL RIGHTS
TWO ROAD FRONTAGES
- LAND SIZE : +/- 2,228 sqm
- MAXIMUM PERMISSIBLE BULK : +/- 17824 sqm
- MAXIMUM HEIGHT ; 100 meters
- MAXIMUM PLOT RATIO : 8.0
- Approximate No Of Storeys : +/- 32
-BULK SELLING RATE : ONLY R1,354 / m2 (plus vat)
This great level site, priced at a low, low bulk selling rate of ONLY R1,354 / m2, boasts two road frontages, right on Mahatma Ghandi Road. This prime site will offer panoramic views to the harbour, the city, the Berea, the new Cruise Line Terminal, the harbour entrance, the beaches, the ocean, the beachfront & uShaka Marine World & Waterworld.
If you are serious about developing, you shouold not miss this unique opportunity in this soon to be, extremely sought after development zone!!
BONUS : Completed plans for 11 storey mixed use, residential development, which are practically ready for municipal submission.
THIS SITE SHOULD SELL FAST ... DO NOT MISS OUT ON THIS ONE!!!!
Property Reference #: L47521
Agent Details:
Craig Murphy
Point Waterfront Realty
Shop G-01 The Sails
14 Timeball Boulevard
Point Waterfront
Durban
4001
UNIQUE PRIME HIGH RISE DEVELOPMENT LAND
FANTASTIC VALUE FOR MONEY SITE, NEXT TO THE WATERFRONT PRECINCT & HARBOUR!!!!!
ZONED MIXED USE - RESIDENTIAL, HOTEL, COMMERCIAL & RETAIL RIGHTS
TWO ROAD FRONTAGES
- LAND SIZE : +/- 2,228 sqm
- MAXIMUM PERMISSIBLE BULK : +/- 17824 sqm
- MAXIMUM HEIGHT ; 100 meters
- MAXIMUM PLOT RATIO : 8.0
- Approximate No Of Storeys : +/- 32
-BULK SELLING RATE : ONLY R1,354 / m2 (plus vat)
This great level site, priced at a low, low bulk selling rate of ONLY R1,354 / m2, boasts two road frontages, right on Mahatma Ghandi Road. This prime site will offer panoramic views to the harbour, the city, the Berea, the new Cruise Line Terminal, the harbour entrance, the beaches, the ocean, the beachfront & uShaka Marine World & Waterworld.
If you are serious about developing, you shouold not miss this unique opportunity in this soon to be, extremely sought after development zone!!
BONUS : Completed plans for 11 storey mixed use, residential development, which are practically ready for municipal submission.
THIS SITE SHOULD SELL FAST ... DO NOT MISS OUT ON THIS ONE!!!!
Property Reference #: L47521
Agent Details:
Craig Murphy
Point Waterfront Realty
Shop G-01 The Sails
14 Timeball Boulevard
Point Waterfront
Durban
4001
Id Subtitle 937391785
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Estimated monthly repaymentR 216,742
Total property loan amountR 20,000,000
Total interestR 32,017,940
Total repaymentR 52,017,940
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Point Waterfront Realty
Selling for 2+ years
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