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South Africa

£1,061,104
Hamptons International, International
PROPERTY TYPE

Land

SIZE

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Key features

  • land New Development seaviews Coastal Beach

Description

"With any new development opportunity, those who get in first reap the rewards faster. Renishaw Coastal Precinct offers prospective partners an unrivalled chance to obtain prime coastal locations", a total Developable area of 2.6million square meters, KZN's biggest development opportunity in the Mid South Coasts history". "Over two-to-three decades, the Renishaw Coast Precinct will expand through a series of extensive, interconnected nodes, which have received approvals for varied mixed-use development, just forty minutes from Durban"

"Of the 13 million m2, 2.6 million m2 will be developed into a mixed use Precinct. The balance, approximately 10 million m2, will be converted into conservation areas, thereby re-introducing the once lush indigenous coastal forest and grassland that existed in the area Renishaw Property Developments (RPD), a subsidiary of CBL, is responsible for the development of this Precinct. At present, the RPD mandate is to service the various sites to
allow for the sale of land parcels to perspective developers."

Node 2A, Residential Medium Density land is the first of many Nodes that are going to be made available to Developers. Node 2A represents the full Portion of land and is for sale in its current state to prospective investors, or developers without it being further subdivided.
Approvals granted to date:
• Act 70 of 1970
• Environmental Authorization. No SPLUMA certification in order to allow flexibility for development.
Land Size:
Total: 110. 0667ha & Developable: 24.25ha

The approvals obtained was done so based on the following basket of developments:
Special Residential 350:
FAR 0.6, Coverage 50%, 3 Storeys (Yellow)
102 Erven / 408 Opportunities
General Residential 3 (131 670m2):
FAR 0.5, Coverage 40%, 2/3 Storeys (Light Brown)
506 Opportunities @ 130m2/Opportunity
General Residential 4 (7 749m2):
FAR 0.5, Coverage 30%, 2/3 Storeys (Dark Brown)
60 Opportunities @ 64m2/Opportunity
Estate Office & Shop (2 924m2): 1 (Blue)

Renishaw Coastal Precinct vision and growth will change the the Mid South Coast for generations to come.
Call Joleen Today to arrange an onsite visit and presentation to discuss this wonderful opportunity as well as what other Nodes will be coming available soon.

NEAREST AIRPORTS

Distances are straight line measurements
  • Durban(International)
    21.3 miles
  • King Shaka(International)
    47.4 miles

About the agent

Hamptons International, International

Hamptons International, International

Hamptons has been matching people with property that’s right for them, locally, nationally and internationally, since 1869. Today, with 15 decades of finding property and looking after people under our belt, our clients now consider us to be their ‘home experts’.

A national and international family, we have an intimate local knowledge and a deep understanding of, and connection with, the communities around us. We have a network of over 90 branches, which is growing year on year.

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Notes

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This is a property advertisement provided and maintained by Hamptons International, International (reference 17700568_12176950) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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