Property Details
Unlock Prime Residential Development Potential in the Upper Highway!
Rarely does an opportunity like this present itself: two exceptional vacant land parcels, strategically located in the highly sought-after Upper Highway area of KwaZulu-Natal, are now available for the discerning residential developer. These sites offer a streamlined path to creating highly desirable residential communities, each with its own unique advantages and pre-existing approvals.
This vacant land is not just rezoned but is ready to go with approvals for 11 free-standing homes. The groundwork has already been laid, with two Ethekweni Municipality approved platforms already cut, clearly depicting the proposed complex layout, retaining wall design, and stormwater retention. All engineering drawings were meticulously designed by a professional engineer and approved in May 2019, providing you with a robust and ready-to-implement plan.
We anticipate the end product to be a highly attractive gated estate comprising 11 freestanding homes, with an anticipated market value of R1.8 million each. This pricing point is particularly appealing as it currently qualifies for 100% bonds plus transfer costs with selected banks, making these homes ideal for first-time buyers – a vast and eager market segment!
Your flexibility remains, as the purchaser has the opportunity to complete the development plan to perfectly refine the design and size of units, internal road positions, and transportation area size to fit with the desired home design.
This prime position, close to Kassier Road, offers unparalleled convenience with ideal freeway access and immediate proximity to top schools, extensive shopping centres, leading medical facilities, and the local hospital.
Why Invest in the Upper Highway?
The property is strategically located in the rapidly growing and highly desirable Upper Highway region. This area is characterized by:
* Strong Demand: A consistent demand for well-located, quality residential properties, particularly in gated estates.
* Affluent Demographic: Attracts a discerning buyer pool seeking a high quality of life, excellent schools, and beautiful surroundings.
* Connectivity: Seamless access to the N3 freeway, connecting residents effortlessly to Durban, Pietermaritzburg, and beyond.
* Lifestyle Appeal: A perfect blend of tranquil country living with all the amenities and conveniences of city life.
* These are exceptional opportunities for residential developers looking to capitalize on the robust KZN property market with projects that offer both significant returns and a swift path to completion.
Don't miss out on securing your next successful development. Contact us today to explore these unparalleled opportunities and schedule your private viewing!