R2,450,000
R2,450,000
15,751m² Vacant Land For Sale in Bothas Hill
Ref. 4396245
Land 15751.00m²
Monthly Repayment
R25,706.77
Lynette Dorkin
Lynette Dorkin Property Practitioner Seeff Hillcrest & Kloof PPRA Registered | FFC 2023330935
Monthly Rates R593
Total R593

Re-zoned and Ready to go - Development Opportunity!

11 Nquma Road
Web Ref. 4396245
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!

Features

Sizes
Land Size 15,751 m²

Bothas Hill, Hillcrest

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 and visitors with its exceptional properties for sale and rent, services, and activities. A brief history of the area The history of Bothas Hill is as obscure as the maze of hills that make up the region. Some claim that Philip Rudolph Botha, one of the earliest inhabitants, inspired the name of Bothas Hill. The first...
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Finance

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