Plug and Play Development Opportunity for sale in Lincoln Meade, Pietermaritzburg
Discover an exceptional investment opportunity in the thriving suburb of Lincoln Meade, Pietermaritzburg. This expansive 2 hectare property is a canvas for visionary developers, offering a rare chance to create a vibrant mixed-use development with the potential to reshape the area.
Key Features:
• Size & Location: 2 hectares of prime land in Lincoln Meade, strategically positioned for easy access to the N3, making it ideal for commuters and businesses alike.
• Development Potential: This property comes with an approved Precinct Development Application (PDA) and strong municipal support for a versatile range of uses. Envision housing complexes, commercial spaces, business premises, a convenience centre, specialized offices, a restaurant, and even a fuel station—all within this expansive site.
• Infrastructure & Accessibility: Planned road infrastructure improvements will significantly enhance accessibility to the N3, bringing increased traffic and growth potential to the area.
• Future Growth: The property is situated near a proposed development of 3,500 units, ensuring a steady influx of residents and customers, making this an ideal location for a mixed-use hub.
Whether you’re looking to develop residential housing, commercial spaces, or a combination of both, this property offers endless possibilities. The proximity to planned infrastructure upgrades and the surrounding development pipeline makes this an unmissable opportunity for developers seeking long-term value in a rapidly growing area.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.