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R4,300,000
$237,330
£182,948
€217,567

Vacant Land Residential for sale in Waterfall

49,601m²
Reduced
Magnificent Development Opportunity In Serene Waterfall Area

Real Estate Company is excited to present this magnificent property located in the peaceful Waterfall area, offering an extraordinary development opportunity.

Set amidst lush greenery with mature trees, vibrant plant life, and an array of birdlife, the property provides a tranquil and picturesque environment. The plot gently slopes down to a stream/river, which flows into the stunning Inanda Dam, enhancing the natural beauty of the land.

Conveniently located just 5 minutes from Waterfall Shopping Centre, 10 minutes from Hillcrest, and 20 minutes from Pinetown, this property offers the perfect balance of serene countryside living and proximity to key amenities.

The land features various existing buildings that, with the right investment, can be transformed into multiple development options. Whether you envision home clusters, mini dwellings for residential rental properties, or a holiday/caravan park, the possibilities are vast. This could provide an excellent source of revenue while preserving the natural beauty of the area.

Further development could include a hotel, holiday resort, or conference center, making it ideal for team-building events, weddings, and more. With the space to accommodate restaurants and other amenities, the property offers exciting potential for commercial and tourism ventures.

The expansive grounds are perfect for walking and biking trails, adding to the appeal of the property for outdoor enthusiasts. Its tranquil setting makes it an ideal location for a retirement village, offering a peaceful retreat for older adults in a picturesque environment.

With endless potential, this property must be seen to be fully appreciated. If you are interested in exploring the possibilities further, I would be happy to arrange a viewing or provide more detailed information.

Property Type
Vacant Land Residential
Stand Size
49,601m²
Rates & Taxes
R2,135
New To Market
Yes
Reference
2342875
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.
R46,519
Home loan repayment
R44,384
Rates and taxes
R2,135
Utilities
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R0
Property history
Listed for sale at R5,495,000
09 Dec 2024
Price reduced by 12.6% to R4,800,000
10 Jan 2025
Price reduced by 10.4% to R4,300,000
21 Jan 2025
Get to know Kloof
The leafy green village with its tranquil lifestyle and picturesque surroundings is one of the most sought-after residential areas that lie in the hills above Durban.
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