TLC property with great road frontage and potential for investors or property developers Durban Bluff
This property with great road frontage has great potential for investors or property developers. It is located in a prime location in Bluff, Durban, and is close to all amenities.
The property is currently in a state of disrepair, but it has good bones and could be easily renovated or redeveloped. It has a large footprint and plenty of space to build additional units.
The property is also in a high-growth area, so it is a great opportunity for investors to get in on the ground floor.
Here are some of the potential uses for this property:
Residential development: The property could be redeveloped into a residential complex, such as apartments, townhouses, or single-family homes.
Commercial development: The property could be redeveloped into a commercial complex, such as offices, shops, or restaurants. Mixed-use development: The property could be redeveloped into a mixed-use complex, with both residential and commercial components.
The property is also a great opportunity for developers to create a sustainable development. It could be designed to be energy-efficient and water-wise, and it could incorporate green features such as solar panels and rainwater harvesting.
Overall, this property has great potential for investors or property developers. It is in a prime location, has a large footprint, and is in a high-growth area.
Here are some additional things to consider when evaluating this property:
The cost of renovations or redevelopment. The current zoning of the property. The demand for housing or commercial space in the area. The potential return on investment.
If you are interested in this property, I recommend that you contact a qualified real estate agent or developer to get more information.
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
