Re-zoned and Ready to go - Development Opportunity!
It is a rare opportunity to find vacant land already re-zoned for the development of 11 free-standing homes in central Hillcrest. We anticipate that the end product will be a gated estate comprising of 11 freestanding homes at an anticipated value of R1,8mil each. In addition 2 Ethekweni Municipality approved platforms have been cut which goes further to depict the proposed complex layout, retaining wall design and stormwater retention. All aspects designed by a professional Engineer and there engineering drawings were approved in May 2019.
The purchaser has the opportunity complete the development plan to include the design and size of units, internal road positions and transportation area size to fit with the home design size. This position which is close to Kassier Road is ideal in terms of freeway access, proximity to schools, shops, medical facilities and hospital. The R1,8mil market qualifies currently for 100% bonds plus transfer costs with selected banks. This makes the development ideal for first time buyers!
Between Pietermaritzburg and Durban, on the outskirts of the magnificent Valley of a Thousand Hills, is Bothas Hill. Artists and craftspeople have long been drawn to the area by its calm beauty and fresh air. This little town is known across the world as one of the "Big Five" hills in the Comrades Marathon. Botha's Hill is an established tourist route and a popular local attraction. Bothas Hill mesmerises residents...
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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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
Beyond your expectation