Vacant Land For Sale in Umhlali Beach, Shakas Rock, Ballito, KwaZulu Natal

1,733m2 Commercial Development Site for Sale in Riverli, Umhlali

Asking Price

Approximately R3,272,485 excluding VAT

Property Description

An excellent opportunity to acquire a commercial development site in Riverli Outlet Park, a new town-centre mixed-use precinct in Umhlali, developed by Stirling Bridge Developments.

There are 13 commercial sites available, with this listing representing the approximate average site:

Average stand size: approximately 1,733m2

Average commercial platform: approximately 1,331m2

Permitted bulk: approximately 1,733m2

Potential building coverage: approximately 1,213m2

Average asking price: approximately R3,272,485 excluding VAT

Individual stands range from approximately 1,574m2 to 2,472m2, with prices starting from R2,549,300 excluding VAT.

Development Controls

Town-centre mixed-use zoning

Floor Area Ratio: 1.0

Coverage: 70%

Height allowance: Three storeys or approximately 15 metres

Minimum frontage: 18 metres

Residential accommodation permitted above the ground floor

Ground floor to remain active and commercial

Permitted Uses

The flexible zoning allows for a wide range of uses, including:

Retail shops and wholesale outlets

Warehouses

Motor vehicle showrooms

Commercial workshops

Car wash facilities

Restaurants and takeaway outlets

Hotels

General, professional, medical and business-service offices

Recreational facilities

Residential accommodation above the ground floor

Further uses may be considered by special consent, including service stations, educational facilities, service-industrial buildings, places of assembly and parking garages.

With 13 sites of varying sizes and prices available, buyers can select a platform that best suits their proposed development or investment requirements.

Prices are indicative and exclude VAT, servicing and escalation. Prices are subject to change. E&OE.