AUCT-001279 | On Auction

Beachfront Development Site In La Mercy

Until Our Next Auction
20 August 2020 | 11:00:00 am

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    2020-08-20 11:00:00
    Beachfront Development Site In La Mercy

    Beachfront Development Property. 202 South Beach Road, La Mercy

    Extent: ± 3 072 m² | Potential for multiple unit development | Easy access via the M4 | 180° Sea views | Geotech report and contour plan completed | Environmental authorisation granted

    La Mercy, KwaZulu Natal


    The property enjoys a central location within the heart of La Mercy on the Indian Ocean’s edge at 202 South Beach Road. This Road intersects with the M4, the main coastal route running from Ballito to Durban. South Beach Road is accessed via the M4 to the north and south.

    The site is rectangular in shape and set above street level. Majority of the subject property that is in extent of ± 3 072 m² comprises development land which offers 180˚ sea views and easy beach access. The rear of the site is adjacent to the M4 Main Road and the frontage is on South Beach Road which is adjacent to the eastern coastline. A small shop is the only improvement currently on site. This property presents an ideal opportunity for any developer to create an upmarket residential development.

    La Mercy is situated between Ballito and Umhlanga. It forms part of the greater northern corridor and is accessed via the M4, which is easily accessible to the N2 Freeway. The township forms an integral part of the expanding northern corridor. It is predominantly a middle to high income residential area, which is supported both by the Ballito and Umhlanga CBDs. Developments found in the subject location are typically of a residential nature. The King International airport is a mere 12-minute drive away.

    Most amenities are located within Ballito, Umdloti, and Umhlanga and are within a short drive away. There are shopping centres in close proximity including the Umdloti Shopping Centre, Gateway Shopping Centre, Ballito Lifestyle Centre and the Umhlanga Shopping Centre.

    To register and attend this auction, please email bid@in2assets.com as attendance is strictly by invite.
    Alternatively, bids can be submitted via our online bidding platform https://auctions.in2assets.co.za accessible from both your PC or by downloading the In2assets App from the Google Play Store or App Store.
    Residential Type:
    Development
    Web Reference:
    AUCT-001279
    List price:
    POA
    Address:
    202 South Beach Road, La Mercy, KwaZulu Natal
    Auction Venue:
    Durban Country Club
    Isaiah Ntshangase Road
    Durban
    KwaZulu Natal
    Auction Date:
    20 August 2020 11:00 am



    Auctioneer:
    Auction Terms and Conditions:
    R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque or EFT. No cash. FICA Document are required.

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    Muhammad Ali
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