R3,500,000
R3,500,000
1.12Ha Vacant Land For Sale in Pietermaritzburg Central
Ref. RLS969130
Land 1.12Ha
Monthly Repayment
R37,325.03
Sherwin Brophy
Sherwin Brophy Property Practitioner - Sales PPRA Registered | FC 2023746471
Monthly Rates R3,675
Total R3,675

Development Opportunity in Lincoln Meade PMB

Web Ref. RLS969130
This cleared 1.1-hectare development site offers an excellent opportunity for a property developer or a joint venture investor.

Approved zoning - rezoned to Intermediate residential to establish medium density residential development in June 2024

An approved site development plan, and proposed designs for 22 sectional title units, this property is primed for the creation of a much-needed residential community in a desirable area.

The zoning permits the development of 22 sectional title units according to the proposed site plan or create your own plans.

This property offers huge potential for an investor with vision.

Features

Interior
Exterior
Sizes
Land Size 1.12 Ha
Additional Amenities
New Development

Pietermaritzburg Central, Pietermaritzburg

If you are someone who enjoys the peace and quiet of small-town living with big city convenience, then Pietermaritzburg is the place for you. It is the capital of South Africa and the second-largest city in KwaZulu-Natal. Commonly abbreviated to the term PMB or Maritzburg in Afrikaans, this well-loved city offers a comfortable work-life balance for its locals. A brief history of the area The city was founded in 1838 and the Zulu name for it is umGungundlovu. This is the name used for the district municipality and it is currently governed by the Msunduzi Local Municipality. The city was initially founded by the Voortrekkers and has a rich heritage of being an important place in the fight against apartheid. Many struggle heroes...
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Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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