R15,000,000

3 bedroom vacant land residential for sale in Assagay

20 Fraser Rd
3 Beds
2 Baths
2 Garages
300m²
94,787m²
Superlative Development Property-quick!

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Assagay is growing! An excellent opportunity to take advantage of the inevitable urban development strip towards Camperdown. A highly popular area, reminiscent to Sandton and Midrand in Gauteng; nothing will be in your way.

A parkland property, perfectly situated in Assagay's CBD, flowing from the Alverstone ridge, down the valley towards the M13. With 2 possible access points and a 20 000sqm platform already cut, dig in to profits.

Zoned residential, envisage at least 40 garden homes, or increase the density to that of Augusta perhaps. Take advantage of the splendid slope, the falling stream and existing infrastructure.

Earmarked for a conference centre, it suits rezoning to a business park, or lifestyle estate, retirement resort, or even an educational campus. Why not keep the change!

This property offers:

* Excellent location

*Neighbourhood access to Busamed Hillcrest Hospital

* A Short distance from the M13 junction

* Westown shopping complex

* View sites

* 20 000sqm cut and fill platform completed

* A wide canvass of concepts

* Existing 3 bedroomed house

* Existing services

* Direct access to Fraser Road

* New access to Alverstone Drive

* Established orchards of various kinds

* Perennial stream

* variable slope aspect

*Standing timber to harvest

Property Type
Vacant Land Residential
Bedrooms
3
Bathrooms
2
Stand Size
94,787m²
Building Size
300m²
Living Area
1
Garages
2
Rates & Taxes
R2,632
Staff Rooms
Yes
Municipal Water
Yes
Garden
Yes
Reference
2300004
Grade
C2
Address
20 Fraser Rd
Property history
Listed for sale at R15,000,000
04 Sep 2024
Get to know Hillcrest
With its location high above Durban and an array of schools and amenities, Hillcrest is benefiting from the major development it has seen in the past 2 decades. what was once a sleepy village has been transformed into one of Durban’s most popular suburbs with an array of great schools and a wealth of shopping facilities.
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