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R8,000,000

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2.2ha of Prime Commercial Property

Welcome to your opportunity of a lifetime! Prime highway frontage property - restoration and development potential

Nestled on 2.2 hectares of land with direct N3 highway frontage, this smallholding holds the key to a future of endless possibilities. Currently zoned Residential General, this property is a blank canvas awaiting your vision for development or business ventures.

The location of this property is simply unbeatable. With its prominent position along the N3 highway, you'll enjoy unparalleled visibility and accessibility, making it an ideal spot for a wide range of ventures. Whether you dream of establishing a commercial enterprise, embarking on a residential development project, or creating a hub for innovation and entrepreneurship, this property has the potential to turn your dreams into reality.

Not only does this property offer strategic highway frontage, but it also boasts proximity to the bustling towns of Howick and Hilton. With easy access to essential services, amenities, employment opportunities, businesses, and educational institutions, you'll find everything you need right at your doorstep.

The existing infrastructure on the property lays a solid foundation for your future endeavors. With a secured and fenced perimeter featuring two electric access gates, you'll enjoy peace of mind knowing your investment is well-protected. Additionally, two older-styled homesteads, ready for renovation, offer charming living spaces with the potential to be transformed into modern, stylish residences. Whether you prefer the rustic charm of a thatched four-bedroom home with a garden and entertainment area or the classic appeal of a four-bedroom residence with two single garages, the choice is yours.

Complete with staff accommodation, extensive external storage buildings, and a workshop, this property provides all the essentials for your restoration and development projects.

Now is the time to seize this incredible opportunity and become the new custodian of this exceptional property. With your vision and passion, you have the power to breathe new life into this property and unlock its full potential. Don't let this opportunity slip away - the future of this property awaits your touch. Schedule a viewing today and start envisioning the endless possibilities that await you!

Features

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Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
250m²
Land Size
2Ha

Merrivale, Howick

Although Merrivale is a suburb of Howick, it is considered its own village and is situated in the Midlands to the southwest of Howick. Merrivale offers a country lifestyle with its tree-lined streets and prolific gardens. Climate in the Midlands Summers are hot, with an average temperature of 30 °C. Winters are cold and dry, with the temperature dropping to an average of 6°C. Frost is not uncommon during these...
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

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Postage and Petties:
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Deeds Office Search
Electronic Document Preparation
Vat @ 15%
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Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
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GRAND TOTAL:

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MONTHLY REPAYMENTS

 

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Monthly Payment

113,623.57

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