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R3.1-billion Oceans Umhlanga launched

R3.1-billion Oceans Umhlanga launched

Date: 2015-12-18
The spectacular R3.1-billion Oceans Umhlanga Development has been launched. The project is the largest private sector investment in development history in KwaZulu-Natal and is the brainchild of entrepreneurs Vivian Reddy and Rob Alexander of Edison and Ducatus Property Groups.

The "Dubai-style" mixed-use development is also a first in terms of design in South Africa and incorporates:

  • Two magnificent residential towers consisting of 460 elegantly designed apartments, all with sea views
  • A world class 33 000sqm shopping mall that brings international super-brands to Durban for the first time and
  • A luxurious 200-room 5-star hotel - to be managed by one of the top leisure brands in world.

The 90 000sqm project spans a whopping 250m from end to end and is within a stone's throw of the Indian Ocean and Umhlanga Village. Apartments retail from R1.6-million to R60-million for the best penthouse in the city, all of 700sqm with a helipad and breathtaking infinity pool, 28-storeys up. A Bollywood superstar has already shown interest in it

"Let's face it, Oceans Umhlanga changes the face of the city", said developer Vivian Reddy.