Premium Mixed-Use Development Land For Sale | Sibaya Coastal Precinct

R136,000,000

Sibaya Precinct, Umhlanga, KwaZulu Natal, KwaZulu Natal

Vacant Land for sale in Sibaya Precinct, Umhlanga, KwaZulu Natal, 69000 m²

Sibaya Precinct, Umhlanga, KwaZulu Natal, KwaZulu Natal

R136,000,000

Ref:1591829
69000
Type: Vacant Land

Description

## **Premium Mixed-Use Development Land For Sale | Sibaya Coastal Precinct**

A rare opportunity to acquire a flagship mixed-use development site within the prestigious Sibaya Coastal Precinct. Offering the flexibility to combine hospitality, retail, commercial and residential components, this exceptional site is ideally suited to a landmark development that will become a focal point within one of KwaZulu-Natal's fastest-growing coastal destinations.

### **Property Features**

* Mixed-use development land
* Extent: **8 hectares**
* Commercial Bulk: **15,000m²**
* Retail Bulk: **5,000m²**
* Up to **200 hotel rooms permitted**
* Up to **100 residential units permitted**
* Up to **8 storeys**, with **15% additional storeys** permitted (subject to approval)
* Direct purchase from the developer
* Purchase Price: **R92 million (excluding VAT)**

### **Development Highlights**

* Landmark mixed-use development opportunity
* Flexible zoning allowing for a combination of commercial, retail, hospitality and residential uses
* Ideal for a luxury hotel, corporate offices, destination retail, premium apartments or an integrated lifestyle precinct
* One of the largest mixed-use development sites available within Sibaya
* Suitable for institutional investors, developers and property funds seeking a signature project

### **Why Invest in Sibaya?**

* One of South Africa's premier mixed-use coastal precincts
* Strategically located between Umhlanga and King Shaka International Airport
* Direct access to the N2 and M4 highways
* Surrounded by luxury residential estates, hotels, retail centres and established commercial developments
* Strong demand for integrated live-work-play developments
* Excellent long-term capital growth and investment potential

This outstanding mixed-use development site presents a unique opportunity to create a landmark destination within the Sibaya Coastal Precinct. With generous development rights, flexible zoning and a prestigious location, it is perfectly positioned to deliver a world-class mixed-use project.

**Contact Greg Harris of Harris Commercial, powered by eXp South Africa, for further information, zoning details, development rights or to arrange a confidential discussion.**

**Areas we service:** Riverhorse Valley, Durban North, Umhlanga, Mount Edgecombe, Cornubia, Dube TradePort, Ballito and the North Coast.

Location

Sibaya Precinct, Umhlanga, KwaZulu Natal, KwaZulu Natal

Data

Object TypeVacant Land
Purchase PriceR136,000,000
Living Space69000 m²
Plot Size69000 m²
BathroomsN/A
Construction YearN/A
ConditionNot specified
RoomsN/A

Financial Information

RatesN/A
LevyN/A
Special LevyN/A

Contact Agent