Development Opportunity

AUCT-000212 | Property previously listed

45 Ridge Road, Hillcrest, Durban, KwaZulu Natal


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Retail or Residential Development Opportunity, 45 Ridge Road, Hillcrest

Three incomplete blocks | Property extent: ± 5 084 m² | 95 Proposed parking bays | Guard House | Opposite Hillcrest High School | Ideal for either retail or residential conversion

This partially complete development site is located at 45 Ridge road in an affluent node in Hillcrest KZN. There are three blocks with varied stages of completion. The zoning allows for commercial or retail facilities. The property is currently a single title property. The developer’s intention was to develop the property into a mixed-use retail and office park however there is also a great opportunity to change the concept to a residential estate. The demand for residential housing in Hillcrest is very high.

Commercial Type:
Development
Web Reference:
AUCT-000212
List price:
Property previously listed
Address:
45 Ridge Road, Hillcrest, Durban, KwaZulu Natal
Property Extent:
5084 m2
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
18 May 2016 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
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Property previously listed


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