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Rydalvale, Rydalvale, Phoenix, KwaZulu-Natal
R 3 500 000
Main Road Masterpiece 1,800 m with Plans and Huge PotentialSituated on a prime main-road frontage, this 1,800 m property offers an exceptional mixed-use development opportunity with maximum exposure and easy access, ideal for both residential demand and passing trade.Approved architectural plans provide for six street-facing garages at ground level, each topped with an 80 m residential loft. These turnkey units are designed to capitalize on visibility and accessibility, offering strong rental potential from day one.Beyond the approved build, the remaining land can accommodate up to 24 additional residential units, including tiered maisonettes or modern apartments. The generous site allows flexibility for courtyards, landscaped walkways, and private terraces, creating a cohesive community that can command premium rates.Set in a highly sought-after neighborhood known for its vibrant streetscape and scenic views, this property promises both immediate rental income and long-term capital growth. This is a rare opportunity to deliver a landmark development in a thriving market. Show more Show less
Estimated monthly repayment
R 33 052
on a R 3 150 000 bond over 20 years at 11.25%
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Rydalvale, Rydalvale, Phoenix, KwaZulu-Natal
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Liivra AI market value
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Listed by
Nkosinathi Hadebe
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