Zimbali Lakes - The Boulevard Commercial Development Site

AUCT-001458 | On Auction

Zimbali Lakes - The Boulevard Commercial Development Site

Portion 324 of Erf 1 Zimbali, Ballito, KwaZulu Natal

Zimbali Lakes - The Boulevard Commercial Development Site. Portion 324 of Erf 1 Zimbali Lakes, Ballito

Extent ± 2 317m² | Prime development space in Zimbali | Huge exposure to M4 | 100% sold-out | Brand new business park in the booming North Coast | Set within the Zimbali estates | Easily accessed directly from the M4


PRIMARY USE
The property is located in ‘The Boulevard’, an urban hub which blends everything you need to ‘Live, Work & Play’. The mixed use scheme offers a natural open space where a connected work culture, distinctive residential, leisure and retail elements exist side-by-side. The Boulevard, while being part of the exclusive Zimbali Lakes estate, is open to the general public. The Boulevard will host a retail piazza, state-of the-art medical suites, office spaces, serviced suites at Boulevard PAD, sectional title units at Boulevard Suites and an internationally branded hotel.

The subject property is located in the Boulevard Office component of the scheme and offers a development stand of ± 2 317m² with 1042m2 of bulk available to develop. The Boulevard development will be an attraction to the residents of Zimbali and the greater Ballito area, with state of the art 24-hour security, serviced short and long term letting solutions, boutique retail outlets and convenience stores, restaurants and coffee shops, chemists and laundromats, serviced offices, a medical centre, and fibre access to all units. The property sits adjacent to the M4 and has high visibility to the freeway. The serviced stand is currently undeveloped.

Zimbali has established itself as the iconic estate along KZN’s North Coast and has set a precedent for luxury living nationally and internationally. The carefully curated estate means residents are assured of a commitment to quality in all facets and is a strong investment option which ensures longevity in line with market demand. The Boulevard offers an extension to the Zimbali legacy with a focus on a mixed-use scheme. The scheme is currently sold out, with this development site being the only resale opportunity currently available. There has been a major shift in demand for homes north of Durban and specifically Ballito and naturally there has been an increased demand for commercial requirements close by. This rare development stand will provide a great opportunity to cater for this need.

Commercial Type:
Vacant Land
Web Reference:
AUCT-001458
List price:
POA
Address:
Portion 324 of Erf 1 Zimbali, Ballito, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
Durban
KwaZulu Natal
Auction Date:
19 May 2021 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 19 May 2021 11:00:00am


Luke Hearn
                                                         In2assets Representative

Property Agent


Luke Hearn
Show number
[email protected]


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