Re-Development opportunity in Established Area

This property forms part of the 5th of December 2024 Telkom property portfolio auction sale and offers great potential for redevelopment

Property Highlights
This well-positioned property in Durnacol is included in the 5th of December 2024 Telkom property portfolio auction sale, representing an excellent redevelopment prospect in a growing residential area. Ideal for developers, investors, or those seeking a multi-use site, this property’s location and potential make it a rare opportunity to meet the growing demand for housing, commercial, or community-driven projects in Durnacol.

• Fully Secured Site: Enclosed by a robust fence and featuring a gated entrance, this property ensures privacy and security, adding immediate value to any future developments or business activities.
• Existing Infrastructure: The existing on-site building provides a flexible foundation—whether for immediate use, partial refurbishment, or a comprehensive redevelopment that aligns with the area’s residential appeal.
• Development Potential: Situated in a residential node with nearby educational, commercial, and community facilities, this property is ripe for redevelopment into residential units, mixed-use spaces, or community facilities that could benefit from the established surroundings.
• Proximity to Skills Hub: The Durnacol Skills Hub is just a short distance away, offering educational and skill-building opportunities that contribute to local workforce development. This creates a community eager for quality housing, affordable services, and other essential amenities, which can enhance the property’s potential appeal.

Prime Location and Accessibility
Located at 11 Jacaranda Street, Durnacol, within the Amajuba District Municipality of KwaZulu-Natal, this property is situated in a quiet, family-friendly town with small-town charm and easy access to essential amenities. Just off the N11 highway, Durnacol is only 30 km from the larger urban center of Newcastle, which offers shopping centers, medical facilities, educational institutions, and more. Essential amenities are also nearby in Durnacol itself and in neighboring towns like Dannhauser and Glencoe, making the property a strategic location for residents seeking a peaceful environment with city convenience close by.

With its secure fencing, excellent redevelopment potential, and a prime location near valuable community resources, this property in Durnacol is an outstanding investment opportunity. The surrounding residential area and proximity to amenities offer an attractive setting for residential, commercial, or mixed-use redevelopment projects.

Disclaimer
Please note that when this was published, there was very limited information on the property available. We will update the latest information as soon as we have gathered more details