148,900m² Vacant Land For Sale in Montrose, KEP35364

Dati

R 8 650,000 - Vacant Land for Sale in Montose

Rarely do opportunities like this arise, to purchase large tracts of land in this northern area of the City! It was identified as a prime site for an up-market, Eco-estate many years ago, and has now returned to the market, for a lucky buyer. This 14,89 Ha portion of land, comprising old farm buildings, some pastures, and large forested areas is ideal for Ecologically based, exclusive - residential estate development, or to live in a peaceful farm-like environment, away from the hussle and bustle of City life. The choice is yours! This property has been lived on and loved by a family for nearly a Century, but now forms part of an Estate Late. Bordering Upper Ferncliffe and Hilton the property overlooks Queen Elizabeth Park towards Pietermaritzburg with outstanding views from its elevated position. Set in a sought after, restful and serene environment it remains within easy access of all the city amenities, schools, and shopping malls. Call me to to view and discuss development options and processes. If you wish to go the Eco Residential Estate route a Town Planning Rezoning and Environmental Impact Assessment, will be necessary, as part of the initial process. This land and adjacent vacant portions also for sale (essentially the last large vacant land in this prime area) can be combined for a larger up-market, Eco-Estate. Currently zoned for agriculture, buildings required for such purposes, such as Dwellings and outbuildings, are permissable in terms of the Msunduzi Town Planning Scheme. Old/derelict buildings from previous farming operations exist and come with the property. Their retention or demolition can be decided on by the new owner.