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123 Morcom road, Prestbury, Pietermaritzburg, KwaZulu-Natal
R 7 950 000
ZONED HIGH-DENSITY DEVELOPMENT OPPORTUNITY FOR SALEThe development site is located approximately 6 km West of Pietermaritzburg CBD in the Msunduzi Local Municipality. The site benefits from easy access to the CBD, N3, hospitals, schools and other amenities. The site is on a taxi route for those that do not have their own transport.The site is situated on the Eastern slopes of the ridge separating Blackridge residential area from Sweetwaters, Ashdowns and Caluza residential suburbs to the West.A substantial amount of work has been done by various professionals for a high-density housing development on the site for approximately 660 units.The work done includes geotechnical reports, site survey details, engineering, architectural drawings and renders.The planning done to date will be handed over to the successful purchaser.The site Erf 10215 is ready to be developed with all approvals in place.Record of DecisionGeotechnical ReportEnvironmental Impact AssessmentAct 7070, release from agriculture No Land ClaimsExcerpts of the above and additional information are available on request. Show more Show less
Estimated monthly repayment
R 75 074
on a R 7 155 000 bond over 20 years at 11.25%
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123 Morcom road, Prestbury, Pietermaritzburg, KwaZulu-Natal
Listed by
Lerato Zulu
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