Extent: ± 1195 m² | Development opportunity | The property is L-shaped with a large yard area for further development | The foundation for the section complex is built | Monthly Income: ±R20 500 | Zoning is Special Residential 400 | The property is within two minutes walk to the Bluff Shopping Centre, Mosque and is a five minute drive to the beach
The site is located in Ocean View, Bluff, Durban, Kwa-Zulu Natal. The site currently has buildings erected on it and is generating a monthly income of R20 500 per month.
The foundation for the L-Shape Section is built. Zoning is Special Residential 400 (One dwelling for every 400m² of net site area with the resultant quotient being taken to the nearest unit or if there is a fraction of one half, the next highest). The property is a great development opportunity.
There is currently a high demand for accommodation on the Bluff and small blocks are being developed and sold or rented very quickly.
Viewing: By Appointment
