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Vacant Land For Sale in Ballito Rural, Ballito

Ballito Rural, Ballito, KwaZulu-Natal
R 128000000
RunningCosts Bond
Costs
Property Type Vacant Land
Erf Size 201 m2
Levies R 0
Listing Date May 10, 2020
Floor Size NA
Rates and Taxes R 0
Details
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Street view
Local info

Property description

The 170 ha, zoned mixed use development opportunity priced to sell at R 128 M ex vat.
Comprises of the following:

3 x mixed usages.
26 x commercial / industrial sites.
1560 x residential units of various sizes.
7,5 x hectare school/retirement/ technical college site.

High demand for (entry level) property in the area due to the very high median house prices.
Growth in population in area with development of Dube Trade Port, King Shaka International as well as Umhlanga Ridge
Development has been approved.
Quick turnaround time on activity zone
High prices being paid in area for light industrial/office park land (activity zone)
Beautiful inland and lake views
Proximity to N2 (approximately 1.5 km)
Proximity to King Shaka International Airport (approx 15 km)

Proximity to Primary School and potential high school
Bulk services will be relatively reasonable in relation to other developments in the area as bulk services are in close proximity to the development
Short time period between purchase and breaking of ground

Ideally located, and priced to cater for the entry level and middle class income brackets.

Amenities
Easy access to main road access
Close to sought after schools, plus zoned for a much needed high school in the area.
Close to the large shopping centres in area

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