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Prime Commercial Land for Sale in Pinetown – With Approved Development Plans

R 3,500,000

Can I afford this?
3 months ago206 views
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General Details
For Sale By:Agency
Description
An exceptional opportunity presents itself with this 1,224m² commercially zoned site in the heart of Pinetown. Ideally positioned for growth and development.
The property comes with approved plans to build either a 20-room apartment block or a 20-room lodge, making it a versatile investment for developers or entrepreneurs in the hospitality sector.

The location offers excellent access to major transport routes, public amenities, shopping centres, schools, and business hubs, ensuring strong rental demand and steady foot traffic.

Whether you’re looking to establish a modern apartment complex to cater to Pinetown’s growing residential market, or a lodge/guesthouse to meet the area’s accommodation demand, this property provides the perfect foundation.

Features Include:
- 1,224m² commercial land.
-Newly built retaining wall around the site.
- Approval to demolish the existing house on the property.
- Approved plans for a 20-room development.
- Flexible use: residential apartments or lodge.
- Centrally located in Pinetown with easy accessibility.
- High-growth investment potential.

Contact me to secure a viewing of this gem today.

Property Reference #: CPP4408

Agent Details:
Verashka Maharaj
Prime Property
Shop 5
7 on Millennium Boulevard
Umhlanga Ridge
4321

Id Subtitle 1334775509
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Estimated monthly repaymentR 35,534
Total property loan amountR 3,500,000
Total interestR 5,027,924
Total repaymentR 8,527,924
Interest rate at 10.75% for 20 years *
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Prime Property
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