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Umzumbe, Umzumbe, Port Shepstone, KwaZulu-Natal
R 3 500 000
THE ULTIMATE KZN SOUTH COAST DEVELOPMENT OPPORTUNITY: A RARE FIND IN UMZUMBE VILLAGE! Umzumbe is a sought-after KZN South Coast village, celebrated for its pristine Blue Flag beach, tranquil coastal atmosphere, and growing holiday popularity. It is a genuine seaside escape that draws both families and investors.Now, a truly exceptional opportunity has arisen to secure one of the LAST remaining large tracts of land zoned for this scale of residential development in Umzumbe village!This rare site is unbeatable:One of the last large sites: This is a rare and significant opportunity to undertake a project of this nature and size within the sought-after Umzumbe village. Large, developable parcels like this are quickly disappearing.Approved plans with sales history: The hard work is done! The site comes with plans approved for Phase 1 14 units the approval has since lapsed and will have to be re-instated. With the KZN South Coast property market showing renewed strength, the time is perfect to reignite this spectacular development.Significant Development Potential: The massive land area of 25,805 m2 2.58 ha is zoned for 15 units per hectare, allowing for a total of 38 residential units. Maximize your returns by completing the full vision.Immediate Income Stream: The property includes an existing main house and a separate cottage, both currently let monthly, providing a steady rental income while you finalize your development strategy.Do not miss out on this rare opportunity for large-scale development in one of the South Coast''s most beloved villages.All approved Phase 1 plans and necessary documentation will be provided to the successful purchaser.The sale price includes VAT and no transfer duty is therefore payable.Ready to act Dont delay, contact us today! Show more Show less
Estimated monthly repayment
R 33 052
on a R 3 150 000 bond over 20 years at 11.25%
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Umzumbe, Umzumbe, Port Shepstone, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
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