AUCT-002135 | On Auction

Beachfront Development Site in Umdloti

47-49 North Beach Road, eMdloti, eThekwini Metropolitan Municipality, KwaZulu-Natal

Beachfront Development Site. 47-49 North Beach Road, Umdloti

Extent: ± 6 259 m² | Large development site on the Ocean edge | Last remaining Beachside development site in Umdloti | Zoned: General Residential 2 | Bulk: ± 4 068 m² | Height restriction of 6 storeys


Located in the highly sought-after Umdloti Beach, this property offers a substantial beachfront development site spanning 6,259 square meters. Positioned right on the ocean's edge, this site presents a valuable investment opportunity with several key features.

Being on of the last available beachside development sites in Umdloti, it holds significance for developers looking to capitalize on the demand for coastal properties. The property is zoned as General Residential 2, providing flexibility for various development options.
With a bulk allowance of 4,068 square meters and a height restriction of 6 storeys, the property offers developers the ability to create a structure that balances scale and functionality while adhering to coastal aesthetics. These specifications align with the practical considerations of construction and zoning regulations.

In summary, this beachfront development site in Umdloti is a substantial and strategically located parcel, one of the last of its kind in the area. Zoning and development specifications provide a clear framework for potential projects, making it an attractive proposition for investors seeking to make a mark in the coastal real estate market. Interested parties are encouraged to explore this opportunity further to understand its full potential.

Commercial Type:
Development
Web Reference:
AUCT-002135
List price:
POA
Address:
47-49 North Beach Road, eMdloti, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
19 March 2024 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in

60

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Auction Date: 19 March 2024 11:00:00am


Luke Hearn
                                                         In2assets Representative

Property Agent


Luke Hearn
Show number
lukeh@in2assets.com


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