Plot For Sale in Umhlanga Ridge, Umhlanga, KwaZulu Natal

R 70,000,000

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General Details
For Sale By:Agency
Description
Prime Location in Umhlanga Ridge Newtown Centre

Located at in Umhlanga, this property falls within the coveted Special Zone 11: Umhlanga Ridge Newtown Centre. Bordered by Summer Way Lane and Autum Drive, it enjoys a prime position parallel to Herrwood Drive, surrounded by a collection of upscale residential properties.
This property encompasses two vacant portions of Erf 2426, Umhlanga Rocks. Portion 80 spans 1,476 m2 with a generous bulk allocation of 3,351 m2, allowing for a maximum of 35 permissible units. Meanwhile, Portion 83 measures 558 m2, offering a bulk allocation of 700 m2 and a maximum of 12 permissible units.
The site is positioned with Summer View and Herrwood Skye as its rear boundaries, offering a promising development opportunity in an area characterized by upscale residential and commercial properties.
This property presents a compelling prospect for developers or investors looking to capitalize on the prime location and development potential within the vibrant Umhlanga Ridge Newtown Centre.
Boasting exceptional accessibility, this property benefits from its proximity to major roads. It is easily accessible via the M4 and M41 north-bound, as well as the N2 from both the north and south. Umhlanga itself is a vibrant coastal town in Kwa-Zulu Natal, offering a harmonious blend of residential, commercial, and resort areas. The King Shaka International Airport is a mere 18 km away, while the Durban CBD is just 16 km from this location.
Umhlanga is renowned for its picturesque coastal views and is home to a plethora of hotels and beachfront apartments. Notable establishments in the vicinity include the Cabana Beach Hotel, Beverley Hills Hotel, Oyster Box Hotel, Umhlanga Sands Hotel, Radisson Hotel Blue Hotel, and Pearls of Umhlanga apartments, many of which offer breathtaking views of the iconic Umhlanga Rocks Lighthouse.
The property is conveniently situated in close proximity to various attractions, including Umhlanga's main beach (2.3 km away), Bronze Beach (2.6 km away), and the Umhlanga Nature Reserve (2.5 km away).
The residential landscape of Umhlanga has experienced remarkable expansion, with gated communities and luxury estates flourishing across the suburb, particularly in the previously vast sugarcane fields of Umhlanga Ridge, now transformed into a thriving residential area.
Proximity to Essential Amenities
Residents of this area benefit from convenient access to essential amenities such as the Busamed Hospital, the Premier Hotel, and the local SAPS, all within walking distance.
Furthermore, an array of retail offerings can be easily accessed at Gateway Shopping Centre, Cornubia Mall, Oceans Mall, the Pearls, the Crescent, various community and destination centers, and a diverse selection of restaurants.
In addition to the residential landscape, the area also integrates office blocks within proximity to various apartment blocks, contributing to a conce...

Property Reference #: 114102275

Agent Details:
Mike Kibiego
Royal Abbai Properties - Fourways
Fourways

Id Subtitle 1270944657
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Estimated monthly repaymentR 758,595
Total property loan amountR 70,000,000
Total interestR 112,062,787
Total repaymentR 182,062,787
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Royal Abbai Properties - Fourways
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