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FULLY APPROVED DEVELOPMENT - UMZUMBE BOWLES ESTATE, ERF 294, UMZUMBE SOUTH COAST, KWAZULU NATAL DEVELOPMENT PROPERTY AUCTION IN DURBAN, KWAZULU-NATAL AUCTIONED BY IAN WYLES AUCTIONEERS

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DURBAN - DEVELOPMENT PROPERTY, INVESTMENT PROPERTY

FULLY APPROVED DEVELOPMENT - UMZUMBE BOWLES ESTATE, ERF 294, UMZUMBE SOUTH COAST, KWAZULU NATAL

DESCRIPTION:

Auction Number : UMZUMBE BOWLES ESTATE, ERF 294, UMZUMBE SOUTH COAST, KWAZULU NATAL

Auction Type : Online - Live Auction (Zoom)

Auction Location : ERF 294, Umzumbe, South Coast, Kwazulu Natal

FEATURES:

The subject property is located on the Western side of the R102, Old South Coast Highway, within small coastal town of Umzumbe, between Hibberdene and Port Shepstone on the KZN South Coast.Access to the property is by means of a road servitude intersecting with the R102 at the St Elmo’s Road intersection.

Vacant Residential land. The site is elevated East facing (80% of the sites will enjoy a sea view) with a moderate downfall from the West to East.

Residential township development of Portion 7 of Erf 1 (now Erf 294, Umzumbe).

The site is currently undeveloped and unserviced.

Approval has been obtained for the development of a phased niche residential estate “Umzumbe Bowls Estate”, consisting of 96 freehold stands, ranging between 500m² to 700 m², together with common erven for the sports and utilities and conservation area.

The feature of this Estate will be the two Bowling Greens together with a Clubhouse that will enable residents to have access to these facilities.

Architectural guidelines proposed will feature an innovative blend of natural elements and contemporary design.

Extent : 10,3566Ha

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