Vacant Land for sale in Sibaya Precinct, Umhlanga, KwaZulu Natal, 35100 m²

Sibaya Precinct, Umhlanga, KwaZulu Natal, KwaZulu Natal

Vacant Land

ZAR 126,000,000

• 35,100 sqm
• 35,100 m² plot

## **Flagship Mixed-Use Development Land For Sale | Sibaya Coastal Precinct** An exceptional opportunity to develop a landmark mixed-use project within the prestigious Sibaya Coastal Precinct. This flagship development site offers the flexibility to combine premium commercial, retail and residential components, creating a vibrant destination in one of KwaZulu-Natal's fastest-growing investment corridors. ### **Property Features** * Mixed-use development land * Extent: **3.511 hectares** * Commercial Bulk: **10,000m²** * Retail Bulk: **5,000m²** * Residential Bulk: **20,000m²** * **Up to 200 hotel rooms permitted** * **Up to 100 residential units permitted** * Up to **6 storeys**, with **15% additional storeys** permitted (subject to approval) * Direct purchase from the developer * Purchase Price: **R126 million (excluding VAT)** ### **Development Highlights** * Flagship mixed-use development opportunity * Ability to integrate retail, office, hospitality and residential uses within one development * Suitable for a luxury hotel, premium apartments, retail boulevard and Grade A office space * One of the largest mixed-use opportunities available within the Sibaya Coastal Precinct…