Prime Residential Development Land For Sale Sibaya Precinct

R105,000,000

Sibaya Precinct, Umhlanga, KwaZulu Natal, KwaZulu Natal

Vacant Land for sale in Sibaya Precinct, Umhlanga, KwaZulu Natal, 43300 m²

Sibaya Precinct, Umhlanga, KwaZulu Natal, KwaZulu Natal

R105,000,000

Ref:1591806
43300
Type: Vacant Land

Description

### **Prime Residential Development Land For Sale | Sibaya Precinct**

An exceptional opportunity to secure one of the last remaining residential development sites within the prestigious Sibaya Precinct. Positioned in one of KwaZulu-Natal's fastest-growing mixed-use nodes, this site offers developers the chance to create a premium sectional title residential development with outstanding sea views.

#### **Property Features**

* Residentially zoned development site
* Extent: **6,323m²**
* Bulk: **6,000m²**
* **Sectional title residential units permitted**
* Up to **4 storeys** permitted
* Spectacular elevated sea views
* Located within the sought-after Sibaya Precinct
* Direct purchase from the developer
* Purchase Price: **R32 million (excluding VAT)**

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

* One of South Africa's premier mixed-use development precincts
* Minutes from Umhlanga, Umdloti and King Shaka International Airport
* Easy access to the N2 and M4 highways
* Close to beaches, shopping centres, schools and medical facilities
* Strong demand for quality residential developments
* Excellent long-term capital growth potential

This is a rare opportunity to acquire one of the final residential development sites in Sibaya, offering developers the chance to deliver a landmark residential project in a highly desirable coastal location.

**Contact Greg Harris of Harris Commercial, powered by eXp South Africa, for further information 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 PriceR105,000,000
Living Space43300 m²
Plot Size43300 m²
BathroomsN/A
Construction YearN/A
ConditionNot specified
RoomsN/A

Financial Information

RatesN/A
LevyN/A
Special LevyN/A

Contact Agent