R4,312,500
R4,312,500
3 Bedroom Freehold For Sale in Merrivale Heights
3
Bedrooms
2
Bathrooms
2
Parkings
Ref. RLS998744
Land 8592.00m²
Floor 150.00 m²
Monthly Repayment
R42,333.37
Greg Gibson
Greg Gibson Candidate Property Practitioner Seeff Midlands
Tim Mann
Tim Mann Candidate Property Practitioner Seeff Midlands

PRIME SMALL-SCALE DEVELOPMENT OPPORTUNITY – MERRIVALE HEIGHTS

Web Ref. RLS998744
An exceptional opportunity for developers or investors to acquire a ready-to-complete residential development in the sought-after area of Merrivale Heights.
This property has already been subdivided into nine individual portions, creating an ideal small-scale development opportunity in a peaceful Midlands setting.
The stands range in size from approximately 900m² to 968m², offering generous space for comfortable residential living while still maintaining strong market appeal for future buyers. The development has been designed to operate as a secure complex-style environment, featuring perimeter walling, a central access road, and a single main entrance to provide privacy and security.
Infrastructure planning for the development is already in place, with water meters allocated to each portion and pipe sleeves installed to facilitate future electrical connections. The application and installation of services would remain the responsibility of the purchaser or developer.
Adding further value, one of the nine portions already includes a partially completed dwelling. The structure and roof are in place for a 150m² home designed as a 3-bedroom, 2-bathroom residence, allowing a developer to complete the build and bring the first unit to market quickly.
Located in the popular Merrivale Heights area, the property enjoys a quiet residential setting while remaining conveniently close to Howick, the N3, local schools, shopping centres, and essential amenities. The area continues to attract buyers looking for a secure lifestyle within the KwaZulu-Natal Midlands, making this an attractive opportunity for a developer looking to build and sell within a growing residential market.
With much of the groundwork already completed, this development offers the chance to fast-track a boutique residential project with strong resale potential.

Features

Interior
3 Bedrooms
2 Bathrooms
1 Kitchen
1 Lounge
Exterior
1 Garage
1 Parking (Carport)
Sizes
Land Size 8,592 m²
Floor Size 150 m²

Merrivale Heights, Howick

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Finance

Monthly Repayment
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