This property occupies a prime position on the corner of Silverton Road and Peter Mokaba Road within the high demand suburb of Musgrave. This location enjoys easy access to the N3 Freeway which is located approximately 400 m away. It is positioned ± 3 km from the Durban Central Business District and bound by suburbs such as Bulwer, Berea, Overport and Essenwood.

The site is serviced with an extent of approximately 1,573 m² and has been rezoned to intermediate residential. In terms of development potential, the site has a bulk of approximately 2,200 m², allowing for a significant amount of development. With an allowed height of 5 storeys, there's the potential to build vertically to maximize land use.

There are already approved plans for 15 units on the site. These units consist of a mix of 3-bedroom and 2-bedroom units, spanning over 5 floors. Having approved plans in place streamlines the development process and provides clarity on what can be built. Although the seller has opted to draw up plans for 15 Units this could be increased to 17 units should a purchaser wish to build further units. However new plans would be required.

Being situated in a corner position offers the potential for separate access and exit, which could enhance convenience and traffic flow for residents.

Overall, this prominent site offers an excellent opportunity for residential development, given the location, zoning, development potential, and existing approved plans.

Surrounding properties as well as those in the immediate neighborhood comprises of upmarket freestanding residential dwellings and sectional title complexes, some of which that have been converted in commercial uses in particular along Peter Mokaba Ridge which is a high demand commercial road.

The properties’ location is within proximity to the Musgrave Shopping Centre, The Atrium (Overport City) and to the Glenwood SPAR Centre assists with the availability of all necessary amenities. There is an abundance of restaurants, banks, educational facilities, and other required services in the immediate neighborhood.