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Sea View, Sea View, Durban, KwaZulu-Natal
R 1 500 000
A rare opportunity for developers and investors to acquire a substantial multi-unit property offering outstanding scope for further development and value growth. The site currently comprises four two-bedroom units, arranged as two pairs of semi-detached dwellings. These existing buildings sit on a large, plot that provides ample space to construct two additional sets of two units, in the layout of the current dwellings. The generous grounds offer excellent access and flexibility for redevelopment or expansion, making this an attractive project for those seeking to create additional housing or reconfigure the site entirely. The layout and scale of the land present a straightforward opportunity to increase capacity while maintaining privacy and good separation between units. Located in a well-connected area close to local amenities, schools, and transport links, the property is well positioned for residential use. Its configuration with 2 road frontages and plot size make it a versatile purchase, equally suited to developers, investors, or those looking for a multi-unit living arrangement. Key Features: Four existing 2-bedroom units (arranged 2x2 semi-detached) Large site with potential to add further units Excellent access and proximity to amenities and transport currently 2 Road frontages Attractive opportunity for developers and investors This is a rare chance to secure a multi-unit property with genuine potential for expansion and value creation.
Estimated monthly repayment
R 14 165
on a R 1 350 000 bond over 20 years at 11.25%
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Sea View, Sea View, Durban, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Tumi Dlamini
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