R650,000

R650,000

7,046m² Vacant Land For Sale in Reservoir Hills

7,046m² Vacant Land For Sale in Reservoir Hills

Web Ref. CENC-4415
Land size 7046.00 m²
Monthly Bond Repayment
R6,489.46
PRIME 7,046m² DEVELOPMENT OPPORTUNITY – RESERVOIR HILLS

A Rare Investment Opportunity in a Highly Sought-After Durban Location

Discover an exceptional 7,046m² parcel of land situated in the sought-after area of Reservoir Hills, Durban. This substantial property presents an exciting opportunity for developers, investors, and property entrepreneurs looking to secure land in an established residential area with strong proximity to major amenities and educational institutions.

Reservoir Hills offers convenient access to shopping centres, schools, healthcare facilities, public transport routes, major road networks and the University of KwaZulu-Natal (UKZN). Its location provides both residential appeal and potential for investment-driven development.

INVESTMENT POTENTIAL

The area has experienced increasing demand for student accommodation, largely influenced by the growing student population associated with nearby tertiary institutions. A number of existing residential properties in and around the area have been adapted for student accommodation, demonstrating an established market for this type of property.

The 7,046m² land parcel provides an opportunity to investigate a range of potential development concepts, subject to the applicable zoning, municipal approvals, planning requirements and development rights.

Potential concepts may include:

- Student accommodation
- Residential development
- Affordable housing
- Cluster or sectional-title development
- Mixed-use development, subject to zoning
- Purpose-built accommodation for students and young professionals

KEY FEATURES

- Land size: 7,046m²
- Location: Reservoir Hills, Durban
- Established residential neighbourhood
- Close proximity to UKZN
- Convenient access to major amenities
- Strong surrounding rental market
- Growing demand for student accommodation
- Excellent development potential
- Suitable for investors and property developers
- Development potential subject to municipal approvals and applicable zoning

LOCATION ADVANTAGE

Reservoir Hills combines an established residential environment with strategic proximity to educational, commercial and transport infrastructure. Its accessibility to UKZN and surrounding suburbs makes the area particularly attractive for investors seeking opportunities linked to the student and residential rental markets.

This is an opportunity to secure a substantial land holding in an established Durban suburb with significant potential for future development.

Serious investors and developers are invited to enquire for further information and to explore the development possibilities of this exceptional property.
Monthly Rates R1,525

Features

Sizes
Land Size 7,046 m²
Listing Info
Date Listed 24-09-26
Fred Zungu
Fred Zungu Qualified Property Practitioner

Reservoir Hills, Durban

Disclaimer

While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt 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.