Superlative Development Property-Quick!

Ref # 2300004
R15,000,000
Property Details
20 Fraser Rd
3 Beds
2 Baths
2 Garages
300m²
94,787m²

Cash In

Assagay is growing! An excellent opportunity to take advantage of the inevitable urban development strip towards Camperdown. A highly popular area, reminiscent to Sandton and Midrand in Gauteng; nothing will be in your way.

A parkland property, perfectly situated in Assagay's CBD, flowing from the Alverstone ridge, down the valley towards the M13. With 2 possible access points and a 20 000sqm platform already cut, dig in to profits.

Zoned residential, envisage at least 40 garden homes, or increase the density to that of Augusta perhaps. Take advantage of the splendid slope, the falling stream and existing infrastructure.

Earmarked for a conference centre, it suits rezoning to a business park, or lifestyle estate, retirement resort, or even an educational campus. Why not keep the change!

This property offers:

* Excellent location

*Neighbourhood access to Busamed Hillcrest Hospital

* A Short distance from the M13 junction

* Westown shopping complex

* View sites

* 20 000sqm cut and fill platform completed

* A wide canvass of concepts

* Existing 3 bedroomed house

* Existing services

* Direct access to Fraser Road

* New access to Alverstone Drive

* Established orchards of various kinds

* Perennial stream

* variable slope aspect

*Standing timber to harvest

Property Features
Property Type
Vacant Land Residential
Bedrooms
3
Bathrooms
2
Garages
2
Floor Size
300m²
Land Size
94,787m²
Living Area
1
Costs and Terms
Rates & Taxes
±R2,632
Additional Information
Grade
C2
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Hillcrest view
About Hillcrest
Hillcrest, formerly a sleepy village, has now become a booming suburb incorporated into the eThekwini Metropolitan Municipality. The town celebrated its centenary in 1995 and has since then seen an incredible increase in inhabitants migrating from more central areas in Durban and the North Coast.
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