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ON AUCTION - 47-49 NORTH BEACH ROAD, UMDLOTI DEVELOPMENT PROPERTY AUCTION IN MOUNT EDGECOMBE, KWAZULU-NATAL AUCTIONED BY IN2ASSETS PROPERTY SPECIALISTS

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MOUNT EDGECOMBE - DEVELOPMENT PROPERTY

ON AUCTION - 47-49 NORTH BEACH ROAD, UMDLOTI - THIS AUCTION HAS CLOSED

DESCRIPTION:

 Located in the highly sought-after Umdloti Beach, this property offers a substantial beachfront development site spanning 6,259 square meters. Positioned right on the ocean's edge, this site presents a valuable investment opportunity with several key features.

Being on of the last available beachside development sites in Umdloti, it holds significance for developers looking to capitalize on the demand for coastal properties. The property is zoned as General Residential 2, providing flexibility for various development options.

With a bulk allowance of 4,068 square meters and a height restriction of 6 storeys, the property offers developers the ability to create a structure that balances scale and functionality while adhering to coastal aesthetics. These specifications align with the practical considerations of construction and zoning regulations.

In summary, this beachfront development site in Umdloti is a substantial and strategically located parcel, one of the last of its kind in the area. Zoning and development specifications provide a clear framework for potential projects, making it an attractive proposition for investors seeking to make a mark in the coastal real estate market. Interested parties are encouraged to explore this opportunity further to understand its full potential.

FEATURES:

 Beachfront Development Site. 47-49 North Beach Road, Umdloti

Extent: ± 6 259 m² | Large development site on the Ocean edge | Last remaining Beachside development site in Umdloti | Zoned: General Residential 2 | Bulk: ± 4 068 m² | Height restriction of 6 storeys

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