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.