R 22 500 000 | land property for sale in hammarsdale

Property Description

PRIME LAND FOR SALE IN HAMMARSDALE Introducing 4.1427ha of prime land set just off the MR385 entering the township of Hammarsdale. This area is a partially developed industrial location, which is situated south-east of the central business district of Hammarsdale. Adjacent to the subject proprty is large newly developed industrial warehouse. Hammarsdale is easily accessible from the N3 Freeway linking Durban and Pietermaritzburg and is presently marketed as a growth point between the two cities. The property is situated approximately 6 kilometres from the N3 Freeway, just east of the MR385. Limited exposure to arterial routes is offered, but easy access to the N3 Freeway interchange is available. The increased demand for industrial property within Pietermaritzburg and Durban has resulted in industrial type property interspersed among these outlying areas. The area has seen a fair level of demand and has experienced fair capital growth over the past few years. The general neighbourhood comprises large, industrial warehousing for manufacturing type uses. Hammarsdale is well located adjacent to the blue collar formal and informal housing areas of Mpumalanga; Georgedale and Cliffdale. Modern amenities are somewhat limited in the immediate area, although there are some service retail businesses in the Hammarsdale central business district. The property is positioned slightly above road level, comprises of a platformed vacant land ready for development. Being a corner site, the property enjoys excellent exposure to Mthoko Mkhize Drive and Buckman Boulevard. The property is not subject to any land claims. A Pipeline servitude and Road servitude exists along the Mthoko Mkhize Drive. Don't let this opportunity slip through your fingers. Call today for a viewing.


Property Details

Purchase Price R 22 500 000

Type of PropertyLand

ZoningIndustrial

Land Size41427 m2

Last Updated28 Feb 2024

Property Location

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Agent

Aneera Barrie

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