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20 FRASER ROAD, Assagay, Hillcrest, KwaZulu-Natal
R 2 234 850
Prime Dual-Access Development Land Assagay Alverstone Growth Corridor Presenting our new Exclusive MandateThe sellers are motivated and open to considering reasonable offers from qualified purchasers.Positioned in the heart of a rapidly expanding economic node, this expansive property offers a rare dual-access configuration with entry points from both Alverstone Road and Fraser Road.Comprising two adjoining ERFs 118,299sqm combined and offered as one, the layout presents a distinct strategic advantage allowing for separate or phased rezoning applications, enabling developers to maximise the sites full potential.Property Overview:11.8 hectares across two ERFsDual access from Alverstone Road and Fraser RoadExisting municipal water and electricity services connected to onsite dwellingsVaried topography: elevated sections with expansive views, balanced by more usable, gently sloped and level areasNatural stream running through the propertyDevelopment-Ready AdvantageA standout feature of this property is the 17,000sqm 1.7Ha levelled platform already in place, providing:A significant head start on developmentReduced earthworks and site preparation costsImmediate usability for a range of development applicationsVisionary Development PotentialThis property presents a versatile canvas for a range of development strategies, particularly given its proximity to the fast-growing Westown precinct:Residential Lifestyle Estate - Ideal for a secure estate, eco-conscious development, or multi-entrance residential scheme making full use of the dual access configuration.Healthcare & Wellness Development - Well suited to step-down facilities, rehabilitation centres, or specialised care estates, supported by proximity to Busamed Hillcrest Private Hospital and surrounding medical infrastructure.Hospitality or Retreat Destination - Elevated portions of the land and natural features lend themselves to boutique hospitality offerings, wellness retreats, or lodge-style developments.Licensed Agricultural Opportunity - The property holds a valid hemp cultivation permit, creating an opportunity for entry into a regulated, high-growth agricultural sector.Mixed-Use Development - A combination of residential, healthcare, hospitality, or niche commercial elements could be integrated into a phased, high-impact development.Existing Infrastructure:Main house and outbuildings in need of refurbishment or repurposingAdditional structures including workshops and storageSeparate cottage on the Alverstone-side erf currently tenantedLocation Highlights:7 minutes to Hillcrest CBDEasy access to the M13 and N3 corridorsClose to leading schools, shopping centres, and medical facilitiesStrategically positioned near the Westown mixed-use development, driving strong regional growthThe Opportunity:Large, well-located land parcels of this scale are becoming increasingly scarce. With its dual-access configuration, existing services, development-ready platform, and flexible zoning potential, this property offers a compelling opportunity for developers and investors to create a landmark project within a proven growth corridor.Viewings by appointment only. Pre-screening and financial qualification of buyers is required prior to viewing.Contact us today to explore the full potential of this unique development opportunity. Show more Show less
Estimated monthly repayment
R 21 104
on a R 2 011 365 bond over 20 years at 11.25%
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20 FRASER ROAD, Assagay, Hillcrest, KwaZulu-Natal
Listed by
Deon Govender
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