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1 841m2 Vacant land available FOR SALE in Umhlanga Ridge, Umhlanga
R 47,868,000
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General Details
Location:
For Sale By:Agency
Description
Upside Properties is pleased to offer this potential income generator situated in the well-taken-care-of Umhlanga Ridge, Umhlanga.
Specifications:
- 1 841m2 (site extent)
- 11 967 (max bulk)
- R4 000 per bulk m2 (price)
- 0.8 (min floor area ratio)
- 6.5 (max floor area ratio)
- 154.45 MSL (max height)
- 80% (max coverage)
- exceptional views of Umhlanga and the sea
- easy access to the N2 and M4 highways
- situated close to shopping centres, restaurants, Busamed Gateway Private Hospital, Umhlanga beach promenade, and Umhlanga Lagoon Nature Reserve.
- situated in a managed precinct (Ridgeside Precinct 1)
- high order mixed-use - residential, offices, and hotels (dominant land use)
Upside Properties specializes in commercial and industrial property in Greyville, Morningside, Musgrave, Windemere, Umgeni, Springfield, Briardene, Riverhorse Valley, Red Hill, Glen Anil, Durban North, Umhlanga, Mount Edgecombe, Phoenix, Cornubia, Dube Trade Port, and Ballito. We also specialize in the Greater Durban area; however, we have concluded deals in other areas around the country, including Johannesburg and Cape Town.
For more information or to organize a viewing, contact Upside Properties today!
Property Reference #: CL1737
Agent Details:
Phindile Kamase
Upside Properties
11 Aubrey Drive
Glenashley
Durban
4051
Specifications:
- 1 841m2 (site extent)
- 11 967 (max bulk)
- R4 000 per bulk m2 (price)
- 0.8 (min floor area ratio)
- 6.5 (max floor area ratio)
- 154.45 MSL (max height)
- 80% (max coverage)
- exceptional views of Umhlanga and the sea
- easy access to the N2 and M4 highways
- situated close to shopping centres, restaurants, Busamed Gateway Private Hospital, Umhlanga beach promenade, and Umhlanga Lagoon Nature Reserve.
- situated in a managed precinct (Ridgeside Precinct 1)
- high order mixed-use - residential, offices, and hotels (dominant land use)
Upside Properties specializes in commercial and industrial property in Greyville, Morningside, Musgrave, Windemere, Umgeni, Springfield, Briardene, Riverhorse Valley, Red Hill, Glen Anil, Durban North, Umhlanga, Mount Edgecombe, Phoenix, Cornubia, Dube Trade Port, and Ballito. We also specialize in the Greater Durban area; however, we have concluded deals in other areas around the country, including Johannesburg and Cape Town.
For more information or to organize a viewing, contact Upside Properties today!
Property Reference #: CL1737
Agent Details:
Phindile Kamase
Upside Properties
11 Aubrey Drive
Glenashley
Durban
4051
Id Subtitle 1238985108
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Estimated monthly repaymentR 518,749
Total property loan amountR 47,868,000
Total interestR 76,631,736
Total repaymentR 124,499,736
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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Upside Properties
Selling for 3+ years
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