Umhlanga continues to expand

Posted On Wednesday, 20 March 2013 10:14 Published by eProp@News
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The greater Umhlanga mixed use development space continues to grow in both sophistication and size. 

Recently property developer Vejan Pillay’s Misty Blue Investments launched its 6th major development in 10 years. The development is a multimillion-rand residential development nick-named ‘Central Park’.

Central Park is situated besides the landmark Umhlanga Porsche dealership and another of Pillay’s projects, the R150million Urban Park mixed use development near the Parkside precinct.

It’s clear that the focus in the last few years has been the development in front of Gateway and around Parkside, but these developments of Pillay's are likely to be a catalyst for development around the Porsche dealership which overlooks the N2. Direct access to this location from the highway is planned and includes a new interchange.

Central Park is to be developed over two phases: phase one will be made up of 177 residential units hugging a park area with a running track. Other features include an in-door pool and the uniquelydesigned vehicle access to apartments feature.

This all comes on the heels of the recently opened mixed use Urban Park and Spa with its 92 room, four star hotel, 159 residential units with commercial and retail outlets planned for the lower levels. The hotel is situated on the corner of Meridian Drive and Umhlanga Ridge Boulevard. The hotel is managed by the Durban based Three Cities Group that manages The Square Boutique Hotel also developed by Misty Blue.

The word on the street is that there is still a huge demand for residential flats in the area, the twist is that it is estimated that up to 60% of the buyers are investor buyers looking to rent out the properties.

On the horizon, and expected to be completed by mid-2014, is the Gateway Private Hospital. Construction has begun already on the corner of Aurora Drive and Umhlanga Ridge Boulevard within the Umhlanga Ridge New Town Centre. The 160 bed hospital will be equipped with six theatres, an ICU and high care facilities. The focus will be on high-end specialties. A casualty, pharmacy and various out-patient facilities are to be included.

Beacon Rock is another development recently opened, situated at the entrance to Umhlanga Village. The mixed use building offers a variety of top brand restaurants as well as a Mini, Rolls-Royce and Aston Martin showrooms. There are also 24 luxury apartments with exquisite sea views.

Umhlanga remains a force to be reckoned with in the greater Durban landscape.

Last modified on Wednesday, 20 March 2013 11:15

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