R 8 000 000
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993 m² Commercial space in Merrivale

2.2 ha 993 m²

PRIME HIGHWAY FRONTAGE WITH DEVELOPMENT POTENTIAL

SITUATION

This 2.2-hectare property, zoned Residential General, presents a viable opportunity for investors and commercial developers. Located adjacent to the N3 Highway and close to Howick, Hilton and Pietermaritzburg, it affords both accessibility and exposure.

DEVELOPMENT POTENTIAL

With its strategic location and ample space, this property offers numerous possibilities, whether you are envisioning an industrial / commercial complex, or a mixed-use development.

HIGHWAY ACCESS

Situated along the N3 highway, which is the distribution lifeblood from Gauteng to the Durban harbour, accessibility for receiving and despatch connectivity is simplified.

INVESTMENT POTENTIAL

Unlocking the commercial potential, as well as rentals, this property lends itself to viable financial prospects, whether through inhouse businesses, commercial ventures or future developments.

SECURUTY

The whole complex is secured by a perimeter electric fence and two electric access gates.

FACILITIES

This property features two homesteads, staff accommodation, 3 workshops, a factory and storage buildings. Water is supplied by a bore-hole with adequate storage facilities.

FINANCIAL OPPORTUNITIES

This property is suitable for an investor or developer looking for a viable financial asset.

Property details

  • Listing number T4710226
  • Property type Commercial
  • Listing date 15 Jul 2024
  • Land size 2.2 ha
  • Floor size 993 m²
  • Rates and taxes R 3 700

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