R3,950,000
R3,950,000
Monthly Bond Repayment R40,771.44
Calculated over 20 years at 11% with no deposit.
Change Assumptions
Calling developers - prime land
This land, zoned agricultural and 82 hectares in extent with timber, is situated between Pietermaritzburg and Hilton above the greenbelt of the charming Winterskloof valley. The adjacent land of 45 hectares is also for sale separately for R3.95m. The two properties (127 hectares in total) comprise approximately 18 hectares of mistbelt grassland and 14 hectares of indigenous forest. The land boasts picturesque views toward Pietermaritzburg, natural indigenous forests and plant species that fall within the Winterskloof catchment area that is known for its little streams that meander down gentle hills to 'Maritburg'.
If you are looking to develop a commercial office park/ shopping complex and housing estate, then look no further. This is perfectly positioned and a unique area of opportunity here in the heart of mountain biking and trail running terrain, horse-riding, birding and exuding tranquil country ambience in an urban growth node. Just minutes from Pietermaritzburg and Hilton town centre, yet a pocket of serenity far enough from the 'madding crowd' ... hello!
The property gained approval some years ago for a 400 unit housing development with some commercial / office zoning so there is huge potential here and for a song! Do the math... a no brainer!
For more information or to schedule an appointment to view, contact Acutts' agents.
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