Prime Re-Development Opportunity at 49 Glenugie Road, Pinetown

Strategically positioned in the heart of Pinetown, 49 Glenugie Road presents an exceptional opportunity for commercial or residential re-development. This 1,350-square-meter corner property boasts high visibility, excellent accessibility, and immense potential for investors and developers. Benefiting from its transition zoning, this property is ideally suited for the development of modern apartments, commercial offices, or a mixed-use complex, offering versatility to capitalize on the growing demand in the area.

Unrivaled Accessibility & High-Exposure Location
One of the standout features of this property is its superb accessibility. Positioned on a prominent corner site, it enjoys frontage along Glenugie Road, with approximately 500 square meters of the property facing the main road. This ensures maximum branding exposure, making it an attractive option for businesses looking for high foot and vehicle traffic visibility.
The property benefits from dual road access, enhancing convenience for future development. Its close proximity to major transportation routes, including the M13 and N3 highways, provides seamless connectivity to Durban, Hillcrest, and surrounding areas. Additionally, it is within walking distance of Pine Crest Mall, a bustling retail hub that draws significant daily traffic, further increasing the appeal of this site.

Existing Infrastructure & Development Potential
Currently, the property features a newly renovated main house that comprises three spacious bedrooms (1 ensuite), a modern bathrooms, an open-plan lounge and dining area, a contemporary kitchen, and an entertainment room. The property also includes an outbuilding and various storerooms, offering additional space that can be repurposed or integrated into future development plans.

A significant advantage of this site is its partially developed slabbed foundation of 800mm x 700mm, covering approximately 500 square meters along Glenugie Road. This pre-existing foundation provides a solid base for vertical expansion, streamlining the redevelopment process. Whether envisioned as a multi-story apartment block or a sleek commercial office complex, this property is primed for an innovative and lucrative transformation.

Proximity to Key Amenities & Educational Institutions
49 Glenugie Road is positioned in an area enriched with amenities, ensuring convenience for both residential and commercial occupants. In addition to Pine Crest Mall, several other suburban shopping centres and retail outlets are located nearby, catering to a variety of needs. The property is also in close proximity to various tertiary institutions, making it a strategic location for student accommodation or professional office spaces catering to academic and business professionals.

Ideal for Residential or Commercial Development
With its transition zoning, this site offers flexibility for a range of high-demand developments. The growing need for modern apartments, office spaces, or mixed-use buildings in Pinetown makes this property an invaluable asset. Developers can capitalize on the strong rental market by constructing high-end residential units or professional office spaces designed to attract businesses and tenants seeking a central and well-connected location.

Conclusion
49 Glenugie Road, Pinetown, stands as a prime real estate investment with significant potential for an ambitious development project. Its corner-site positioning, high branding exposure, excellent accessibility, and proximity to key amenities make it an attractive proposition for investors, developers, and business owners alike. Whether transformed into a dynamic office space or a high-density residential development, this property offers the perfect foundation for a visionary project that will enhance the urban landscape of Pinetown.