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.