23 175 m² Commercial space in Uvongo

EXCLUSIVE AUTHORITY TO SELL

Positioned at a prime gateway to the South Coast, this exceptional development opportunity comprises two adjoining portions of land totaling 23,175m2. Portion 5 measures 13,835m2 and Portion 6 measures 9,340m2, creating a substantial, well-located site with outstanding future potential.

The land offers flat, level topography, currently grown with pine trees and easy to clear, making it highly practical for development. Ideally situated between the N2 interchange and Seaslopes Road, the property borders the MargateUvongo N2 off-ramp, placing it at one of the busiest and most visible access points into Margate and Uvongo.

This sale is the purchase of a 100-year lease with approximately 86 years remaining, granting the purchaser the right to occupy, develop, and use the property for the balance of the lease term, subject to municipal approvals, zoning, and the terms and conditions of the lease.

This strategic position is set to become even more significant with ongoing infrastructure upgrades linked to the Wild Coast HighwayN2 realignment project, connecting via Port Shepstone and running through the Eastern Cape toward Mthatha. As the South Coast continues to welcome and invest in growth, this site stands out as a natural central hub for future commercial or mixed-use activity.

The municipality has earmarked this section for development and is supportive of growth in the area. While rezoning remains subject to formal approval, there are no known objections to date, and the location strongly supports a commercial outcome.

Under the existing zoning, the land allows for a high-density residential share-block community of approximately 57 units subject to final approvals, with an indicative unit size range of 300350m2 per unit. Alternatively, assuming successful rezoning, the site could accommodate a fuel station and a retail development or shopping centre, similar to those already established on the coast but positioned closer to the heart of the South Coasts residential and tourism activity.

With its scale, accessibility, visibility, and municipal support for development, this is a rare chance to secure a future-focused site in a growth corridor ideal for investors or developers seeking long-term value in a rapidly evolving coastal market.