1,733m² Commercial Development Site for Sale in Riverli, Umhlali

Asking Price

Approximately R3,272,485 excluding VAT

Property Description

An excellent opportunity to acquire a commercial development site in Riverli Outlet Park, a new town-centre mixed-use precinct in Umhlali, developed by Stirling Bridge Developments.

There are 13 commercial sites available, with this listing representing the approximate average site:

Average stand size: approximately 1,733m²
Average commercial platform: approximately 1,331m²
Permitted bulk: approximately 1,733m²
Potential building coverage: approximately 1,213m²
Average asking price: approximately R3,272,485 excluding VAT

Individual stands range from approximately 1,574m² to 2,472m², with prices starting from R2,549,300 excluding VAT.

Development Controls
Town-centre mixed-use zoning
Floor Area Ratio: 1.0
Coverage: 70%
Height allowance: Three storeys or approximately 15 metres
Minimum frontage: 18 metres
Residential accommodation permitted above the ground floor
Ground floor to remain active and commercial
Permitted Uses

The flexible zoning allows for a wide range of uses, including:

Retail shops and wholesale outlets
Warehouses
Motor vehicle showrooms
Commercial workshops
Car wash facilities
Restaurants and takeaway outlets
Hotels
General, professional, medical and business-service offices
Recreational facilities
Residential accommodation above the ground floor

Further uses may be considered by special consent, including service stations, educational facilities, service-industrial buildings, places of assembly and parking garages.

With 13 sites of varying sizes and prices available, buyers can select a platform that best suits their proposed development or investment requirements.

Prices are indicative and exclude VAT, servicing and escalation. Prices are subject to change. E&OE.