2969 m² Land available in Point Waterfront

R 18 375 000

Craig Murphy

PW Realty

2969 m² Land available in Point Waterfront

R 18 375 000

Land Area 2969 m²

2, 969M VACANT LAND FOR SALE IN POINT WATERFRONT

CANALS ON TWO SIDES

OVERLOOKS TIMEBALL SQUARE

ACROSS THE ROAD FROM THE NEW SHOPPING MALL

100 METERS FROM THE BEACHES!!!

40 BROWNS ROAD - Google Street Maps

A prime, well priced canalside property at only 2500 / bulk sqm.

Purchasing directly from the Durban Point Development Company (DPDC), with two purchase options on offer (see below)!!!

Situated on a canal site, right in the very heart of Durbans' new Point Waterfront Precinct, this prime property overlooks the canals & Timeball Square, plus it is only 100 meters from the beaches and it is directly across the road from the proposed new 50,000 m2 international shopping mall.

Noteworthy, it is only a stones throw from Portnet's new passenger liner terminal & conference centre.

With a zoning of mixed-use 1, a height envelope of 5 storeys & approximately 7,350 sqm of bulk, this well-priced, well positioned, valuable property, should sell fast.

It would be ideal property for an A grade office block, or a mixed-use residential/retail/office development.

NB. Land & property prices should escalate over the next 6 months as more & more potential purchasers express their interest in the area & the construction cranes start to re-appear on the Precinct!!!

TWO DPDC PURCHASE OPTIONS:

PURCHASE LAND, BULK & CO-DEVELOP WITH DPDC

Purchasers professional team could sit with DPDC's professional team and design a building which would suite the Purchasers personal requirements

Final purchase price to be finalised upon once the building design and finishes have been agreed upon

Payment terms are as follows:

o10% deposit

oBalance payable on monthly draw-downs, on percentage of completion basis.

PURCHASE LAND & BULK ONLY

Purchase land and bulk and then develop it privately

Payment terms are as follows:

o10% deposit

oBalance payable on transfer of land into purchaser name

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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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2969 m² Land available in Point Waterfront

R 18 375 000

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