Hilton Development Opportunity R5,5mil
Positioned in one of Hilton's most sought after commercial and residential nodes, directly opposite the well established Quarry Shopping Centre, this exceptional 4238m2 piece of vacant land presents an exceptionally rare and strategic investment opportunity. The property has been levelled and is secured.
- erf size 4238 m2 (6 units allowable i.e R920k per site)
- zoning mixed use (i.e. R 1300/m2)
- existing approved plans for office development
- multi unit residential (6 units) development potential permitted with consent
- existing 30% building coverage allowance
- prepaid electricity and water connections already in place
- ownership structure, (Pty) Ltd sale
- VAT is applicable; no transfer duty payable
Hilton is one of KZN Midlands' most desirable addresses known for:
- strong residential demand and upmarket lifestyle appeal
- proximity to leading school's such as Hilton College, St. Anne's and Grace College.
- easy access to the N3 .
- 10 minutes from Pietermaritzburg CBD
- growing demand for professional offices and secure residential units.
- erf size 4238 m2 (6 units allowable i.e R920k per site)
- zoning mixed use (i.e. R 1300/m2)
- existing approved plans for office development
- multi unit residential (6 units) development potential permitted with consent
- existing 30% building coverage allowance
- prepaid electricity and water connections already in place
- ownership structure, (Pty) Ltd sale
- VAT is applicable; no transfer duty payable
Hilton is one of KZN Midlands' most desirable addresses known for:
- strong residential demand and upmarket lifestyle appeal
- proximity to leading school's such as Hilton College, St. Anne's and Grace College.
- easy access to the N3 .
- 10 minutes from Pietermaritzburg CBD
- growing demand for professional offices and secure residential units.
Monthly Rates
R4,238
Features
Exterior
Sizes
Listing Info
Cedara, Howick
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane 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.
