The property located in the sought-after Durban Point Waterfront and consists of vacant land measuring in extent of 4 360m/sq. The property title deeds allow for a permissible bulk of 6 540m/sq.
Currently the property is zoned as Vacant Land with the opportunity to develop retail, commercial, residential and mixed-use developments. The property has three road frontages which makes any possible developments very development / user friendly.
The property location is in the heart of the Durban Point Waterfront development with one road frontage facing the Ushaka Marine World parking area and the other road frontage facing the waterfront canals. The Durban Point Waterfront is located at the entrance to the busiest port in Africa, the Durban Point Waterfront is one of South Africa's most significant and exciting property development and investment projects. Destined to become one of Durban's most prestigious addresses, and a key tourist attraction, the Durban Point Waterfront is rapidly transforming from a previously run-down precinct into a multi-billion Rand property showcase. The precinct is managed by a management association who take care of the services such as gardening & landscaping, security, street cleaning, waste management, etc.
Features
Zoning Mixed Use
Land Size 4,360m²
Monthly Rates R102,306.01pm Excl. VAT
Monthly Levy R28,651.01pm Excl. VAT
Broker Contact Details
Trevor Martin
Non-Principal Property Practitioner Registered with PPRA (FFC 202 238 758 8)