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

A rare opportunity to acquire an upmarket residential development site in the heart of the prestigious Sibaya Coastal Precinct. This prime development parcel is perfectly suited for a luxury sectional title estate, offering developers the chance to create an exclusive residential community in one of KwaZulu-Natal's most desirable coastal locations.

### **Property Features**

* Residential development land
* Extent: **10,957m²**
* Bulk: **8,000m²**
* Up to **50 residential units permitted**
* Up to **4 storeys** permitted
* Direct purchase from the developer
* Purchase Price: **R25.5 million (excluding VAT)**

### **Development Highlights**

* Prime location within the heart of the Sibaya Coastal Precinct
* Zoned for premium residential development
* Ideal for an exclusive sectional title estate or luxury apartment development
* Surrounded by high-end residential, commercial and lifestyle developments
* Excellent opportunity for developers seeking a prestigious coastal address

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

* One of South Africa's premier mixed-use coastal precincts
* Minutes from Umhlanga Ridge, Umdloti and King Shaka International Airport
* Convenient access to the N2 and M4 highways
* Close to world-class beaches, shopping centres, restaurants and medical facilities
* Strong demand for premium residential developments
* Excellent long-term capital appreciation potential

This exceptional development site offers the opportunity to create an exclusive residential project within one of KwaZulu-Natal's fastest-growing and most sought-after coastal precincts.

**Contact Greg Harris of Harris Commercial, powered by eXp South Africa, for further information, development parameters or to arrange a confidential viewing.**

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