1 903 m² Land available in Point

PRIME CORNER, SERVICED & ZONED DEVELOPMENT PROPERTY

UNIQUE, PRIME, HIGH RISE, ZONED & SERVICED CORNER DEVELOPMENT SITE

FANTASTIC LOCATION, NEXT TO THE WATERFRONT PRECINCT & HARBOUR

ZONED MIXED USE - RESIDENTIAL, HOTEL, COMMERCIAL & RETAIL RIGHTS

KEEN SELLER - MAKE A CLEAN OFFER AROUND R1,500 / BULK M2

SITE INFORMATION

This prime Point Waterfront mixed-use property offers panoramic 270 degree views to the harbour, the city, the Berea, the harbour entrance, new marina, the canals, the beaches, the ocean, the beachfront and uShaka Marine World and Water World.

LAND SIZE: 1,903 sqm

PERMISSIBLE BULK: 15,224 sqm

PLOT RATIO: 8.0

ZONING:Mixed-use 1

MAX HEIGHT:100 meters

STOREYS: 32

This truly unique, prime development site, located on a valuable corner position, in Mahatma Ghandi Road, is zoned and serviced and ready for development!!

It offers any developer an opportunity to develop a 32 storey building with the most amazing, panoramic, 270 degree views from the city to the Berea, the harbour, the Bluff, the harbour entrance, the beaches, uShaka Marine World, Water-world, the beachfront and the ocean all the way up to Umhlanga Rocks and beyond.

If you are serious about developing, you should not miss this unique opportunity in this soon to be, extremely sought after development zone!!

BONUS : Completed plans for iconic 32 storey hotel, which are practically ready for municipal submission. (see attached pictures)

THIS SITE SHOULD SELL FAST ... DO NOT MISS OUT ON THIS ONE!!!!

___________________________________________________________________

HOTEL DESIGN DETAILS

As discussed on the phone. there is also a magnificent 32 storey hotel that has already been designed for this prime location.

An important point to note is that a 280 room, 32 storey hotel, has already been designed for this site prime corner site by local architects Paton Taylor Architects and they still have a complete set of plans, for this iconic 32 storey hotel, which are apparently, practically ready for municipal submission.

NB. Importantly, this hotel design incorporates the facade of the old Victorian Smugglers Inn building on the road corner, which will fit in with your whole theme on this particular block in the Point Waterfront.

NNB. Please note that you may develop retail shops, offices, residential or hotel facilities, or a combination of any of these, on this amazing site.

The following documentation, will be available on request :

Site Location & Precinct Layout

Mahatma Gandhi (Point Road) Frame work Plan & Site Details

Draft hotel renderings prepared n 2011

Draft hotel floor plans prepared in 2001

Procurement & Adjudication Report & Estimated Pricing prepared in 2011

NB. For ease of reference and so that you have all the details for erven 10059, I have pasted in the Site Details & Selling Price, which gives you the pertinent information.

___________________________________________________________________

ADDITIONAL VALUE

This valuable corner site erf 10059, is situated right next to erf 12574, which has the same zoning and is currently also available for sale at a ridiculously low low low price of only R7,150,000.

NB. These two valuable development sites could both be purchased for a combined price of around R30 million (plus vat), affording any future developer in the Point Waterfront, a magnificently positioned, high rise development site, which will offer unparalleled harbour views and have an enormous 4,000 m2 (approx) development footprint, with over 34,000 m2 (approx) of bulk to be developed on the two valuable sites.

This combined bulk would then be purchased at under R1,000 / bulk m2.

When last could you purchase bulk at this reidiculously low low price.

ACT FAST NOW

PURCHASE BOTH OF THESE TWO SITE PRIME HARBOUR FRONT SITES!!

___________________________________________________________________