20 000m2 of prime land for development, Right behind the Shelly Beach Private Hospital

R 36,000,000

Can I afford this?
3 months ago72 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
Location:
For Sale By:Agency
Description
EXCLUSIVE AUTHORITY!

Hello, I'm Debbie, your trusted property agent. With a wealth of life experience, I'm committed to making your buying or selling journey smooth and successful. Let's work together to find your dream property or the perfect buyer, turning your real estate goals into reality.

The site is 2,0458ha / 20,000 m2 in extent. Currently zoned Administration It borders Hilltop street for a portion of the south eastern side. The below image shows the land use in the area, with Erf outlined in dark black at the center of the image. Adjacent to the Shelly Beach Hospital, and the South Coast shopping Mall.
Background
Lot Shelly Beach is currently zoned Administration. The site is 2,0458ha in extent. It borders on
Hilltop street for a portion of the south eastern side. Buckingham Street is the nearest access to Main
Road 55 at the eastern boundary. Along the northern, north-western and south-eastern boundaries are
dwellings, while the south-western boundary is vacant land.
The site is relatively steep with an average slope of 1:5,2 in the north-easterly direction. It forms part of
the catchment of a stream that runs from south-west to east along the western and northern
boundaries of the site.

Layout
The below image shows the land use in the area, with Erf outlined in dark black at the center of
the image.
Erf contains the Shelly Beach Hospital, and Erf in the north east contains the South Coast
shopping Mall. These sellers are property developers, should you require your project to be built.

Discover a remarkable land opportunity spanning 2.0458 hectares (20,000 square meters) of potential in the heart of Shelly Beach. Currently zoned as Administration, this expansive plot offers a range of possibilities.

Situated adjacent to Hilltop Street on the south-eastern side, this land enjoys a strategic location in close proximity to essential amenities. The Shelly Beach Hospital and the South Coast Shopping Mall are just a stone's throw away, enhancing the appeal of this property.

The site itself features a diverse landscape, with dwellings along the northern, north-western, and south-eastern boundaries, while the south-western boundary offers vacant land potential. The land exhibits a relatively gentle slope, primarily in the north-easterly direction, and is part of a catchment area that includes a stream running along the western and northern boundaries.

For those with a vision, this property presents a blank canvas to bring your development dreams to life. Whether you envision a commercial venture, Retirement village, residential project, or something entirely unique, the possibilities are vast. Additionally, the adjacent land are owned by our clients as well who are property developers, making it convenient to explore construction options should your project require it.

Seize this opportunity to shape the future of this prime piece of Shelly Beach real estate. With its strategic location and versatile zoning, this land is a can...

Property Reference #: CL111

Agent Details:
Debbie Meth
Real and Proper T
No 1 Bank Street (Corner Bank Street and Marine Drive)
Margate
KwaZulu Natal

Id Subtitle 1257963830
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 390,135
Total property loan amountR 36,000,000
Total interestR 57,632,291
Total repaymentR 93,632,291
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
RECALCULATE
Real and Proper T
Selling for 3+ years
Total Ads389
Active Ads389
Professional Seller
Seller stats
389Total Ads
242.99KTotal Views
Contact Real and Proper T
074*******Show Number
Message
(3960)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.