The Waterfront Precinct Development is a world-class, greenfield initiative covering 153.7 hectares, positioned to become a dynamic hub for business, lifestyle, leisure, and urban regeneration. Strategically located to support the maritime economy, education, commerce, and international sports, the development offers high-impact investment potential.
PROJECT HIGHLIGHTS
Project Vision
- Develop a premier mixed-use waterfront destination that retains local spending and attracts external capital.
- Integrate business, residential, and recreational uses in a cohesive, sustainable urban environment.
Property Offering
- 82 serviced properties available for residential, office, and mixed commercial use.
Development Readiness
- Township Establishment (town planning) completed.
- Full Environmental Authorization secured.
- Cadastral survey complete.
Strategic Impact
- Supports growth of the maritime sector and enhances urban infrastructure.
- Will create employment, stimulate long-term economic development, and improve quality of life.
Investment Requirements
- Investment is sought for the installation of bulk and internal infrastructure.
- Infrastructure development is estimated at R332 million.
Opportunity for Investors
- Ideal for investors and development partners seeking to shape a vibrant, high-value coastal precinct.
- Offers sustainable returns through commercial activity, tourism, and urban lifestyle offerings.
Total Project Value
R332 million