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R18,500,000
$1,017,574
£786,213
€931,642

Vacant Land Residential for sale in Oaklands

9,040m²
Vacant Land Ready For Development In Mariannhill Central

9,040 sqm platformed vacant land situated in a high visibility commuter zone facing Old Richmond Road. Site has been rezoned to 'Limited Commercial' with plans which were approved in 2020 for a 2,400 sqm ground floor Retail Centre comprising of a proposed Supermarket, Fast Food outlet and Hardware store, 100 parking bays and a separate receiving entrance based on maximum permitted FAR. Vehicle traffic count average is 8,500 vehicles per 24hr period. Site is located 200m from railway station. Geotech study and engineering design completed. Letter of intent was previously secured from a national retailer and national hardware store (now lapsed). Further information can only be disclosed subject to signature of Non Disclosure Agreement and Proof of Funding.

Property Type
Vacant Land Residential
Stand Size
9,040m²
Available From
04 Feb 2025
Reference
2357642
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R190,954
Home loan repayment
R190,954
Utilities
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R0
Property history
Listed for sale at R18,500,000
04 Feb 2025
Get to know Pinetown
Named after the governor of Natal, Sir Benjamin Pine, forms part of the larger eThekwini municipality. The actual Pinetown area extends from Cowies Hill in the east through to Manors in the west. Pinetown’s Old Main Road (Road (now Josiah Gumede) is jam-packed with car dealership companies, resulting in its affectionate nickname of “motor town”.
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