DOUBLE PROPERTY - 4 920 SQUARE METRES - DEVELOPMENT OPPORTUNITY
Prime Development Opportunity in La Lucia – Double Property on 4,929m²
Calling all developers and investors! This is a rare opportunity to acquire a substantial double property in one of La Lucia's most prestigious and sought-after locations.
Positioned on a prominent corner site and extending over an impressive 4,929 square metres, this exceptional property offers enormous development potential in an area where large land parcels are becoming increasingly scarce.
The existing structure on the property is dilapidated and earmarked for demolition, presenting a blank canvas for a visionary residential or mixed-use development.
The property is currently zoned Special Residential 400, making it ideally suited for residential development. Subject to municipal approval, special consent may be obtained for a variety of alternative uses, further enhancing its investment appeal.
This prime location offers convenient access to major transport routes, leading schools, shopping centres, business hubs, pristine beaches, and all the lifestyle amenities that have made La Lucia one of Durban's most desirable addresses.
Whether you are looking to develop an exclusive residential estate, luxury homes, or explore other permitted opportunities, this property presents outstanding potential in a high-demand area.
Property Highlights:
Double property measuring 4,929m²
Prime corner position in prestigious La Lucia
Zoned Special Residential 400
Existing building suitable for demolition
Exceptional development potential
Opportunity to apply for special consent for additional uses
Rare large landholding in a highly sought-after location
Easy access to major transport routes and premium amenities
A development opportunity of this size and calibre seldom becomes available in La Lucia. Secure this exceptional investment and unlock its full potential.
Calling all developers and investors! This is a rare opportunity to acquire a substantial double property in one of La Lucia's most prestigious and sought-after locations.
Positioned on a prominent corner site and extending over an impressive 4,929 square metres, this exceptional property offers enormous development potential in an area where large land parcels are becoming increasingly scarce.
The existing structure on the property is dilapidated and earmarked for demolition, presenting a blank canvas for a visionary residential or mixed-use development.
The property is currently zoned Special Residential 400, making it ideally suited for residential development. Subject to municipal approval, special consent may be obtained for a variety of alternative uses, further enhancing its investment appeal.
This prime location offers convenient access to major transport routes, leading schools, shopping centres, business hubs, pristine beaches, and all the lifestyle amenities that have made La Lucia one of Durban's most desirable addresses.
Whether you are looking to develop an exclusive residential estate, luxury homes, or explore other permitted opportunities, this property presents outstanding potential in a high-demand area.
Property Highlights:
Double property measuring 4,929m²
Prime corner position in prestigious La Lucia
Zoned Special Residential 400
Existing building suitable for demolition
Exceptional development potential
Opportunity to apply for special consent for additional uses
Rare large landholding in a highly sought-after location
Easy access to major transport routes and premium amenities
A development opportunity of this size and calibre seldom becomes available in La Lucia. Secure this exceptional investment and unlock its full potential.
Monthly Rates
R14,420.86
Features
Sizes
Listing Info
La Lucia Ridge, Umhlanga
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
