Calling all Developers & Investors
Point, Durban Metropolis, Kwazulu Natal
|Asking Price :||POA|
|Land Size :||3647m²|
Once in a Lifetime Opportunity!
This exceptionally located property, measuring 3 647m² in extent, presents the opportunity to unlock a bespoke development opportunity in the heart of the Durban Point Waterfront.
The property is positioned along the northern harbour wall offers the development opportunity of a lifetime.
The site would suit a Boutique Hotel or residential high-rise apartment block with a mix of retail and commercial offerings.
The property offers a mixed-use zone which originally offered a bulk of ± 6 564 m². however, a special consent application was made to increase the bulk to 10 576 m² and the height to 9 Storeys. This application was successful and a Notarial Deed of Amendment has been issued.
As per the Title Deed and SG Diagrams, the property is subject to various servitudes.
About the Property..
This property falls within the Durban Point Waterfront precinct, which is an integral part of Durban’s tourism offering.
The location is prime, enhanced by the current construction of the new Cruise Liner Terminal. This property will benefit from the passing traffic to and from the new Terminal. Passengers of future international cruise liners will now be able to visit Durban, and alight from the ship through the new international passenger terminal directly into the Point Water Precinct, bringing valuable international tourists into this fast-developing node.
The cruise terminal is an important step forward for Durban and fits in well with the larger project that links the port to the upgraded southern end of the promenade on the Point Waterfront.
The property is on the People Mover route and enjoys easy access to public transportation facilities and most desired amenities. The area is home to the uShaka Marine World, and great beaches which is within walking distance.
Contact Yianni for more information.
Contact the Agent
Yianni Pavlou » ++27 82 494 4555
Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.