AUCT-001965 | On Auction

Development Site in Newcastle offering ± 132 Plot and Plan Opportunities

Portion 4 of Erf 2, Madadeni J, Amajuba District Municipality, KwaZulu-Natal

IN LIQUIDATION: Development Site with ± 132 Opportunities. Portion 4 of Erf 2 Madadeni J, Newcastle

Development site | Extent: ± 48 083 m² | ± 132 Plot and Plan Opportunities | Adjacent to Highlands Estate | Opposite Curro’s Meridian School | Located close by the Newcastle Regional Mall and Blackrock Casino



These properties are situated in the heart of the rural residential suburb of Madadeni, in the greater Newcastle area. Newcastle is the third largest city and urban centre in KwaZulu-Natal, South Africa. It is located in the North West corner of the province along the Ncandu River and is moderately industrial.

This site is sized at 48 083 m² of vacant land. The land is flat and level which is “shovel ready” for commencement of construction. The civil services still need to be installed for the individual plots.

The previous developer had designed a scheme of 132 individual plots consisting of 4 basic house types. This included 2- and 3-bedroom homes with adequate living and parking space.

The complex envisioned having a secure entrance with a guard house and electric fencing all around. No plans have been submitted or approved; hence the scheme can be re-designed according to the preferences of the new developer.

This area has several schools and higher education facilities to benefit the families living here. There are several convenience shopping options with nearby neighbourhood centres. The road network has good access to the N11 which connects Newcastle to Ladysmith and its surrounding towns.

Newcastle is also one of the country’s main Industrial centres, encompassing four industrial zones over an area of 222 square kilometres.

This city serves surrounding towns with maize, livestock and dairy farmers as well as workers connected to Karbochem, Mittal Steel South Africa (previously ISPAT/ISCOR), the textile and service industry. There is also considerable coal mining in the area. The Newcastle Regional Mall and Blackrock Casino are located close by.

The suburb is in walking distance to the Curro Meridian School as well as the Meadowlands Estate development.

The Shoprite Convenience Centre is mere ±2.6km away or a 5-minute drive and the Madadeni Provincial Hospital is situated ±3.1 km away.

Commercial Type:
Vacant Land
Web Reference:
AUCT-001965
List price:
POA
Address:
Portion 4 of Erf 2, Madadeni J, Amajuba District Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe Country Club Estate
Mount Edgecombe
KwaZulu Natal
Auction Date:
22 June 2023 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 22 June 2023 11:00:00am


Muhammad Ali
                                                         In2assets Representative

Property Agent


Muhammad Ali
Show number
alim@in2assets.com


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