Undeveloped residential plots in the heart of uMhlanga Rocks is becoming extremely scarce. And Ian Wyles Auctioneers says this explains the high level of interest in the company’s sale of a 1 350m² plot in uMhlanga at the Durban Country Club on February 27 at 11am.
The vacant residential stand is at 7 Sandringham Court, a cul-de-sac close to Chris Saunders Park, Netcare uMhlanga Hospital, a police station, shopping centres and other amenities, all with easy access to the M41, M12 and M4 highways.
Edward Nxumalo, who is handling the auction for Ian Wyles, says uMhlanga has become one of the most sought-after residential areas in South Africa and vacant plots in this fast-growing city are now “like gold”.
“uMhlanga’s popularity now transcends that of KZN generally with thousands of people from many other parts of South Africa – Gauteng, in particular – keen to settle there. No wonder uMhlanga is regarded as one of the fastest growing cities in the country.
“As Sandton has become the financial and corporate centre of Johannesburg, uMhlanga has become the main economic hub of Durban and the entire KZN. The fact that it is just 18km from King Shaka International Airport adds to its investment appeal.”
The plot is being auctioned for an investor keen to consolidate his property portfolio. Viewing is by appointment and can be arranged by contacting Nxumalo at 073 284 8395 or 031 579 4403. Visit the website www.ianwyles.co.za for full details.