Development Opportunity
POA
Waterfall, Highway Areas, Kwazulu Natal
Property Information
| CODE : | PP2784 |
| Asking Price : | POA |
| Ownership : | Freehold |
Description
Proposed Sectional Title Development - Residential
Site area : 37 771m²
Currently being sold as Vacant Land
Town Planning - Permitted Use:
Zoning Intermediate Residential 3
FAR / Bulk 0.4
Height 2 Storeys Vacant Land
Coverage 35%
Location:
Waterfall is near the suburb of Hillcrest, directly north of Kloof and adjacent to Hillcrest and Forest Hills, barely 30 kilometres outside of Durban. This makes Waterfall a popular suburb as it is located on the outskirts of the city. Like Kloof, Waterfall and its proximity to Krantzkloof Nature Reserve, an added green belt, lends the area the feel of 'country' living. Waterfall is accessed from the M33 (Inanda Road) coming from Hillcrest and Bridle Road coming from Kloof. The immediate area comprises middle to upmarket freehold dwellings with limited sectional title schemes. Waterfall has experienced a lot of commercial development over the last few years with the construction of the new Link Hills Shopping Centre, Watercrest Mall and various housing developments.
Full valuation report and feasibility study can be provided on request.
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Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.
