148,900m² Vacant Land For Sale in Town Bush Valley
R11,000,000
Monthly Bond Repayment R115,418.16
Calculated over 20 years at 11.25% with no deposit.
Web Ref No KEP35364
R 11 000,000 - 14.89 hectates Vacant Land for Sale in Montose
Zoned Agriculture, this 14,89 Ha tract of land in this forested northern area of the city is ideally positioned to be developed, for example (subject to a development application) as an up-market, ecologically based, residential estate, or to live on, in a peaceful farm-like environment.
Comprising several fenced paddocks, plantations, and remnant indigenous forest areas, similar to the nearby Ferncliffe conservancy, this property borders uMngeni Municipality and Hilton Mount Verde.
From its elevated position, it has outstanding views overlooking Queen Elizabeth Park and the city of Pietermaritzburg.
Set in a restful, and serene environment it remains within easy access to all the nearby city amenities, schools, and shopping malls. Please call me to arrange a site visit and discuss development options, planning, and processes.
From a planning perspective, 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 permissible 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. Please call me to view the site or discuss town planning or development options.
Comprising several fenced paddocks, plantations, and remnant indigenous forest areas, similar to the nearby Ferncliffe conservancy, this property borders uMngeni Municipality and Hilton Mount Verde.
From its elevated position, it has outstanding views overlooking Queen Elizabeth Park and the city of Pietermaritzburg.
Set in a restful, and serene environment it remains within easy access to all the nearby city amenities, schools, and shopping malls. Please call me to arrange a site visit and discuss development options, planning, and processes.
From a planning perspective, 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 permissible 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. Please call me to view the site or discuss town planning or development options.
Features
Land Size 148,900m²
Extras
Security Gate
Views: Bush
Views: Mountain
Views: Park
Views: Private
Locality: Close To Schools
Locality: Close To Shops
Land Contour: Flat To Sloping
Water Supply: Town Supply
Agent Contact Details
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