Vivian Reddy launches R1.4 billion Oceans North Tower, transforming Umhlanga's real estate landscape

Property mogul Vivian Reddy has described the launch of the R1.4 billion Oceans North Tower as an incredibly meaningful venture that represented over a decade of unwavering commitment, overcoming obstacles, and believing in the transformative power of visionary development.

This project featuring 520 luxurious apartments with stunning ocean vistas is a testament to his unwavering commitment to transforming the real estate landscape of Umhlanga.

Reddy sees this accomplishment as not merely a personal victory but a celebration of South African resilience and excellence, driven by a decade of ambition and perseverance.

At the official launch event on Friday, Reddy expressed his excitement: “Since the launch we sold 15 more units to current buyers, with only 20 units left,” showcasing the rapid demand for the upscale offerings.

The North Tower marks a pivotal phase in the R4.3 billion Oceans mixed-use development, which also included the internationally-acclaimed Oceans Mall and the five-star Radisson Blu Durban Umhlanga Hotel.

"This project reflects a vision brought to life through the tenacity and perseverance of our developers," said Brian Mpono, CEO of Oceans Umhlanga Development.

Mpono underscored the significant milestones achieved through this development, he said: “The launch isn’t just another property unveiling; it’s a celebration of Durban's evolution.”

The anticipation surrounding the North Tower has drawn international attention to KwaZulu-Natal’s potential, further solidifying its status as a prime destination for luxury living.

Reddy hinted at future developments, notably the R1.5 billion Southern Sun Oceans Hotel and Residences currently under construction.

“This partnership with Southern Sun will bring a five-star hotel and 80 luxury branded residences to Umhlanga, complementing the Radisson Blu Hotel,” Reddy elaborated.

Together, the projects aim to establish Oceans as the definitive lifestyle and hospitality destination on the North Coast.

As Umhlanga continued to grow as South Africa’s premier coastal node, the leading edge design of the North Tower, combined with its lavish amenities, makes it a remarkable addition.

With an impressive 96% of the apartments already sold, the project is synonymous with high occupancy rates, demonstrated by the neighbouring Radisson Blu Hotel.

The development promises to create over 2,500 jobs and significantly enhance tourism revenue within the region.

Reddy stated, “We believe developments like these play a vital role in rewriting the economic narrative of our province.”

The North Tower not only offers a variety of luxury apartments, from studios to spacious four-bedroom units, but each features premium finishes, all while providing convenient access to the adjacent Oceans Mall.

This project is set to redefine luxury living along Africa's East Coast, establishing a new standard for residential offerings in the region.

Friday's "roof wetting" celebration drew a large gathering of attendees.

DAILY NEWS