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Vacant Land For Sale in Margate

Margate, Durban
R 9800000
RunningCosts Bond
Costs
Property Type Vacant Land
Erf Size 23066 m2
Levies R 0
Listing Date February 27, 2025
Floor Size NA
Rates and Taxes R 0
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Property description

Greetings and welcome to my listing. I am Dolla a dedicated real estate agent specializing in the vibrant South Coast market.

Prime Development Opportunity in a sought-after South Coast Suburb.

Unlock the potential of this 23,066sqm development land perfectly situated in a thriving residential neighborhood on the picturesque South Coast.
Nestled along a well established road lined with quality homes, this property offers a lucrative investment opportunity for Developers and Investors alike.

PROPERTY HIGHLIGHTS.
Existing income stream; 6 rental houses with permanent tenants ,featuring middle to upper-income finishes.
Approved for Expansion; Development approval in place for +- 28 additional homes.
Prime Location; Close to schools, shopping malls, healthcare facilities, and major transport routes.
Essential Infrastructure; 2 boreholes, municipal services, and swimming pool on site.
Dual Access; Two secure gated entrances for added convenience and accessibility.

This is a rare chance to capitalize on a high demand area with strong growth potential.
Whether you looking to develop, invest or expland this property is a golden opportunity.

Contact us today to explore this incredible development prospect.

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