Commercial space in Lincoln Meade
Socio economic development
An extremely well situated and viable business opportunity for Developers.
This property comes with all the completed municipal compliancies for socio-economic development. It is zoned as a limited area, allowing for an integrated scope, including residential, retail and a fuel service station. It will be capable of accommodating 500 flats in the first phase of the development. Very recently, there has been confirmation and directional plans of the future outer ring road which happens to emerge almost at the envisaged service station on the property. This development would mean the creation of an arterial and high traffic volume route into the Pietermaritzburg CBD and connecting onto the Durban to Gauteng Highway.
There is an adjacent municipal property for further development, which would allow the potential buyer of this, the first property, the first option to purchase. This would enable sustainable, long term development going forward. This area of land is probably one of the last available areas for development within Pietermaritzburg precinct. All development info is readily and available for all interested parties.
This is a developers dream, arrive, turn soil and keep busy in the area for the long term.
Please call the Agent ASAP.
Property details
- Listing number T2851737
- Property type Commercial Land
- Listing date 14 Jun 2024
- Land size 2 ha