Entire Frontline Property (Entire Block).

Entire Frontline Property (Entire Block).

AUCT-001301 | On Auction

Sections, 1 & 2 38 North Beach Road, Umdloti, Durban, KwaZulu Natal


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Brilliantly Positioned Shoreline Redevelopment Property. Sections 1 & 2 SS 38 North Beach Road, Umdloti

Extent: ± 360 m² | This scheme is directly opposite the Umdloti tidal pool | 2 Sections which
constitute the whole block | Huge redevelopment opportunity | 4 Storeys permitted without
consent | Holiday letting and AirBnB opportunity | Ample parking | Brilliant position

PRIMARY USE

The property is very well located along the Umdloti’s Beach Road, the property enjoys unobstructed sea views and direct access to the beach. The property is quite literally ‘on the beach’.

This scheme is directly opposite the Umdloti tidal pool – the safest bathing beach on
the KZN coast

The scheme comprises two Sections as outlined below:

Section 1 – ‘Breakers’ – ± 197 m²

This apartment has been utilized for holiday rental purposes only. It is serviced, cleaned and maintained to a high standard, attracting good reviews.

The property comprises of 4 Bedrooms, 2.5 Bathrooms, a large living area and a ± 30 m² games room. The property also has 1 x Garage and 1 x parking bay.

Section 2 – ‘Sunrise’ – ± 257 m²

The property comprises of 5 Bedrooms, 3 Bathrooms, a large kitchen and large living area and large covered entertainment patio. The property also has 2 x Garage and 1 x parking bay.

A Huge Development Opportunity

KZN has experienced a massive shift with home owners moving North. Umdloti has naturally become a sought-after residential destination, quickly becoming one KZN’s most rapidly expanding nodes. The central position allows residents quick access to Ballito in the North or uMhlanga and Durban to the South. The N2 & M4 freeways are also easily accessed.

The site’s crown jewel is its position, offering beach front access and unobstructed sea-views. This is a rare development opportunity to capitalise on the areas growing residential demand. The property immediately allows a 4-storey development which requires no consent.

To register and attend this auction, please email [email protected] 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:
Flat
Web Reference:
AUCT-001301
List price:
POA
Address:
Sections, 1 & 2 38 North Beach Road, Umdloti, Durban, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
15 September 2020 11:00 am



Auctioneer:
Andrew Miller
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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DIRECTIONS
Auction Date: 15 September 2020 11:00 am


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