Rare Development Property near Hillcrest Private Hospital

AUCT-001509 | SOLD

Rare Development Property near Hillcrest Private Hospital

2 Fraser Road, Assagay, Hillcrest, KwaZulu Natal

Rare Development Property near Hillcrest Private Hospital, 2 Fraser Road, Hillcrest

Extent: ± 10 682 m² | Brilliantly located opposite the Hillcrest Private Hospital | A unique development opportunity ideally suited for Medical uses | Versatile office building easily repurposed to fit alternate uses | Large development land and variety of potential | Proposed plans available | Zoned: Institution 2


This ±1.0682-hectare property is well-located directly across the Busamed Hillcrest Primary Hospital. Historically, the property was used as a large residential property with equestrian facilities. The property was subsequently rezoned and repurposed to offer a unique development opportunity in an area earmarked for larger development generally. The sites prime position opposite the Hillcrest Private Hospital offers immense potential for a medical centred development which could see a range of uses and may even suit a step-down facility or rehab. A small dam and scenic cluster of trees sit at the rear of the property and could easily be incorporated into the unique design of the greater scheme.

The property currently comprises versatile repurposed buildings which are currently utilised as an office building with multiple short term tenants. The property is in immaculate condition and the current layout of the building offers versatility to a range of potential uses. These include the ex-stables, which have purposefully kept the original ‘stable style’, which suit smaller offices or medical rooms. The property, being just over a hectare, offers large development stands on either side of the current offices/medical rooms.

Plans are available on request for a proposed scheme which incorporates the entire site. The air-conditioners and alarm system forms part of the sale. As per the Title Deed and SG Diagram, the property is subject to various servitudes.

Commercial Type:
Development
Web Reference:
AUCT-001509
Final price:
POA
Address:
2 Fraser Road, Assagay, Hillcrest, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
Durban
KwaZulu Natal
Auction Date:
19 August 2021 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 19 August 2021 11:00:00am


Luke Hearn
                                                         In2assets Representative

Property Agent


Luke Hearn
Show number
[email protected]


Contact Us!



 * I agree to the In2assets Privacy Policy
 Add me to the mailing list & WhatsApp to receive the latest property listings.