2741 m² Land available in Point Waterfront

R 7 500 000

Craig Murphy

Point Waterfront Realty

2741 m² Land available in Point Waterfront

R 7 500 000

Land Area 2741 m²

PRIME DEVELOPMENT LAND ON THE CANALS EXCEPTIONALLY WELL PRICED at ONLY only R2,371 / bulk square meter, for such a prime canal-side vacant development property. Situated on a prime corner canal site, with fantastic views down the canals to Timeball Square, right in the very heart of Durbans' new Point Waterfront Precinct. Furthermore, it will also offer partial views accross the canals to the harbour and to the open grassed parklands to the rear of the site. The original zoning of the rem site is for an “hotel”, however there is already a residential development on the property and the landowners have indictaed that they have approved plans for offices on the balance of the land. It must be noted that as this rem property forms a part of the Point Bastille development, should the developers wish to change the zoning from the original "hotel" development to office or residential, it would need consent from all the sectional title owners of the Point Bastille development.

There are draft plans already in place for three different types of development for this one site. There are separate plans for a residential development, an hotel and an office block , all of which are perfectly suited to this unique site!!! It has been would be ideal for an AAA grade office block, a small boutique hotel, a residential development, or a mixed-use development.

Importantly, it must also be noted that the Premier of KZN has taken the top two floors in the new Ithala Trade Centre building, which is situated on the site 1.9’s North Western boundary.

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Experience Durban Central

Durban Central is a diverse, colourful neighbourhood that includes the beachfront areas, the Berea, Morningside, Glenwood, Musgrave and the CBD. The beach is the biggest attraction and locals flock the promenade to cycle, run, surf, swim, fish or just catch some sun. There are also incredibly lush parks and open spaces dotted around the neighbourhod for residents to take advantage of. The nightlife in Durban Central is exciting with numerous bars, pubs, restaurants and night clubs in close proximity to each other. As its name implies, Durban Central's location makes it convenient to get to any of the other areas around Durban.

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2741 m² Land available in Point Waterfront

R 7 500 000

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