Vacant Land for sale in Assagay, Hillcrest

R6,895,000
  1. Web Ref: 1317164
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Property Features

ERF Size 78,310 m²
Rates R4,500 per month

Exterior Features

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DEVELOPMENT OPPORTUNITY IN ASSAGAY

This prime property is located within the suburb of Assagay, which is just west of Hillcrest and approximately 20
kilometers west of the city of Durban. It has easy access to major highways and freeways such as the M13
National Road (King Cetshwayo Highway), R103 and the N3 Freeway. The M13 extends east to the Durban
Central Business District. The property is situated approximately 10 minutes from the Hillcrest Business District
and approximately 3km from Hillcrest Private Hospital.

Gevers Road is a residential street that runs through the Assagay suburb and is characterized by large properties and spacious homes. The area is generally quiet and peaceful, with a mix of residential and agricultural properties nearby.

The property is surrounded by several popular residential developments and is ideally located close to all amenities that Assagay has to offer such as restaurants, shops and schools. The Watercrest Mall & the new West Town is just a short drive away. Shongweni Dam and Game Reserve are also situated nearby offering hiking, fishing and game viewing opportunities.

This property has an extent of ± 7.8 Hectares and offers a prime residential development opportunity. The
property’s 7.8 Hectares site extent provides ample space for a variety of development options, including
townhouses, apartment and single-family homes.

With potential to build up to 120 units*, the property offers a lucrative investment opportunity for developers and
investors looking to capitalize on the high demand for housing in the area as the property is well situated to all
major amenities allowing a well-suited lifestyle for a residential development.

A development of this nature will be a valuable asset to the local area. It will create economic opportunities,
boost the local population and positively impact the wider environment.
A complete set of development plans are available upon request.

*This is subject to local authority approval
**This is a vat transaction and vat will be added to advertise price.

Contact the agent

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Duncan Bruwer
Non-Principal Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

45 Ridge Road, Hillcrest Park

Bond repayment calculator

Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years

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