High Exposure Mixed Use Development Site

AUCT-001546 | On Auction

High Exposure Mixed Use Development Site

40 Twilight Drive, Umhlanga Ridge, Umhlanga, KwaZulu Natal

IN LIQUIDATION: High Exposure Mixed Use Development Site. 40 Twilight Drive, Umhlanga Ridge

PEG HR Solutions (Pty) Ltd (In Liquidation) | Master’s Reference no. G1259/19 | Extent: ±4 971 m² | Bulk: ±8 170m² | Brilliantly positioned with Massive Exposure | Mixed Use Development site | Opposite Park Square | Corner property | Endless Potential


Primary use
This development property is situated in the heart of Umhlanga’s fastest growing urban Node. It is one of the last available mixed use development sites in the immediate area and offers endless possibilities to developers. The site is well located adjacent to the new, upmarket Park Square development by Nedbank and is further surrounded by other high-profile properties. A major drawcard to this sale is the fact that this site is now in liquidation and offers a massive opportunity to the market.

The site is ±4 971m² in extent and offers ±8 150 m² of available bulk to develop. The site is zoned Mixed Use 1 plus Parking Area which will allow a variety of possible development options. One such possible development may include residential flats on the upper levels with high exposed retail shops on the ground floor, a developer could also incorporate some office space if required.

Commercial Type:
Mixed use Commercial
Web Reference:
AUCT-001546
List price:
POA
Address:
40 Twilight Drive, Umhlanga Ridge, Umhlanga, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
Durban
KwaZulu Natal
Auction Date:
19 October 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 October 2021 11:00:00am


Luke Hearn
                                                         In2assets Representative

Property Agent


Luke Hearn
Show number
[email protected]


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