- 12 ha
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The property is located just off the N3 freeway and accessed from Sterkspruit Road, Cliffdale. Comprising 2 large gentle sloping to undulating sites below Sterkspruit Road and above the Sterkspruit River. The property is zoned mixed use 1 with most adjacant sites being zoned mixed use 1, special residential 750 and medium impact mixed use.
The property has been developed to accommodate a dwelling, workshop and ancillary improvements, a conference centre and healing centre. Excess land is ripe for mixed use development. The property currently has one access and egress point via Sterkspruit Road and is located close to all local amenities and the freeway network with easy access to the main arterial routes leading to the N3 freeway interchange at Hammarsdale bridge and the onramp to Durban by the Peacevale bridge.
Erf 53 Cliffdale is a vacant site ripe for mixed use or housing development should it be rezoned for such. Erf 54 is substantially improved including an office block/health/healing centre, a conference centre with office, ablutions, kitchen, scullery and pantry, a 4 bedroom house with an en-suite and one and a half bathrooms, lounge, tv room, kitchen and ablutions and an attached flatlet with 2 bedrooms, bathroom, kitchen and lounge. Further improvements include farm buildings including staff quarters and sheds. The improvements may be depreciated at between 60% - 70% for the farm improvements and up to 30% for the residential & conference/health centre improvements. The property is not encumbered by any servitudes and none are mentioned within the electronic deed nor each sg diagram. The site will have a small DMOSS area and flood plain portion allocated to it alongside the river/site boundary which we have taken into account in our developable land area.
Based on the nature of the site, built improvements, location and visibility from the freeway coming toward Durban and the demand for mixed use space within the area, the current highest and best use of the property is mixed use development and alternate use may include housing should it be rezoned to allow for same.
Call Angelo to view.
- 6 Bedrooms
- 4 Bathrooms