This property is a rare opportunity for investors seeking a versatile, high-exposure asset in one of KZN’s most sought-after areas. The Square is more than just a building—it’s a landmark in La Lucia that holds tremendous potential for growth and success.

Features:
The Square at La Lucia, an iconic property nestled in the bustling Umhlanga Rocks area, a vibrant destination that blends luxury, convenience, and unmatched business potential. This prestigious property, going up for auction, boasts a boutique hotel with 50 ensuite rooms, each outfitted with movable assets for comfort and style. The hotel also features a refined dining area, a fully-equipped catering kitchen, inviting lounges, and a rooftop pool and entertainment area that offers breathtaking views.

Adjacent to the hotel is The Square’s commercial component. Spanning two levels, it offers an exceptional blend of office spaces and retail outlets, conference or function facilities on the ground floor, all anchored around an open courtyard. The courtyard serves as a lively hub, with a large screen for entertainment and an array of coffee shops and boutique outlets that create an inviting atmosphere.

Accessibility:
Accessibility and convenience are at the forefront of The Square’s design, with four levels of secure parking connected by an entrance driveway that wraps seamlessly around the property and exits back onto Umhlanga Rocks Drive.

Potential:
The Square’s prime location and high visibility make it ideal for diverse uses, from medical centres and call centres to hospitality and retail ventures.

Localities:
The Square is located alongside Umhlanga Rocks Drive and is located within the La Lucia Ridge business district. The precinct is geared towards national and blue-chip occupants, and the subject property enjoys a prime position within the area. Easy access to all major roads such as N2 and M4 makes this property desirable amongst tenants, shoppers and hotel guests.

Tenancies:
A provisional tenant schedule will be released shortly as we had no access to a tenancy list at the time of publication

The hotel complex is not in operation and there is no tenancy in place.

Please Note:
This is only preliminary Information on the property.
A comprehensive property brochure will be available shortly. In the interim please register your interest by emailing auctions@in2assets.com