DEVELOPERS DELIGHT
Located in Currie Road, the heart of Durban’s Berea, and close to Musgrave Centre is one of the last large vacant land sites in this sought after area.
Offering a slight slope the site is optimized for a variety of development designs. An existing submitted plan for 25 units is available for prospective developers to review and incorporate / use a starting point if they wish.
Extended lead times can impact negatively on the financial benefits of a planned development BUT not with this spade ready site!
An aggressive marketing campaign is planned soon so there is a short window period for interested parties to make their move before mid-August 2024.
Whilst a reasonable due diligence period in favor of the Buyer will be granted by the Seller the requirement
for extended DD research and onerous suspensive conditions is minimal.
Shortlisted and approved prospective Buyers will receive a full property pack inclusive of
• Geotech Report
• Engineer’s plans
• Zoning certificate
• Architects’ renditions and plans
• Other useful info
The Seller is a vat vendor entity so should the Buyer have the same status there will be no transfer duty and vat will be payable and then claimable by Buyer.
An accepted offer at the published asking price will incur a vat payment of R1,125,000.
The Seller is committed to reducing their current property portfolio and will consider assessing all written offers on their merits within 5 days of presentation.
Will your proposal be amongst them??
Please call for any queries and questions and additional market related insights.
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