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

Sibaya Precinct, Umhlanga, KwaZulu Natal, KwaZulu Natal

Vacant Land

ZAR 136,000,000

• 69,000 sqm
• 69,000 m² plot

## **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 site…