R 10 000 000

Vacant Land / Plot for Sale in Lincoln Meade

Lincoln Meade, Pietermaritzburg

20 076 m²
- m²: 20 076 m²
- Hectares: 2.008 ha
- Acres: 4.961 acres

Prime Mixed-Use Development Investment Opportunity in Lincoln Meade, Pietermaritzburg

Unlock a unique and exciting investment opportunity with this expansive 2-hectare plot in the heart of Lincoln Meade, Pietermaritzburg. Situated close to the N3 on and off ramp, this prime location offers easy access to major routes, making it a perfect spot for developers to create a dynamic mixed-use complex that will deliver excellent returns on investment.

This property, though currently advertised as residential, has been rezoned by the owner to mixed-use, offering tremendous flexibility for future development. Whether you're envisioning a residential housing complex, commercial offices, retail spaces, or even a fuel station, the potential is vast. The property already has strong municipal support and comes with an approved Precinct Development Application (PDA), ensuring a smooth development process.

Key Features:

Size & Location: 20,076 m2 (2 hectares) of...

Unlock a unique and exciting investment opportunity with this expansive 2-hectare plot in the heart of Lincoln Meade, Pietermaritzburg. Situated close to the N3 on and off ramp, this prime location offers easy access to major routes, making it a perfect spot for developers to create a dynamic mixed-use complex that will deliver excellent returns on investment.

This property, though currently advertised as residential, has been rezoned by the owner to mixed-use, offering tremendous flexibility for future development. Whether you're envisioning a residential housing complex, commercial offices, retail spaces, or even a fuel station, the potential is vast. The property already has strong municipal support and comes with an approved Precinct Development Application (PDA), ensuring a smooth development process.

Key Features:

Size & Location: 20,076 m2 (2 hectares) of flat, prime land in a highly sought-after area of Lincoln Meade, with easy access to the N3.

Mixed-Use Zoning: Rezoned by the owner to allow for a variety of uses, from residential to commercial and everything in between.

Infrastructure: The property is already equipped with all essential services, including a 500 KVA substation and a pump station next door. This ensures a hassle-free connection to sewer lines and other utilities.

Development Potential: With plans for road infrastructure improvements in the area and surrounding new developments—including a proposed 3,500-unit project—this site is poised for growth. Imagine a bustling hub with housing complexes, office spaces, retail outlets, a convenience centre, and more.

Easy Development Process: The house on the property is in poor condition and will be sold as land only. The owner has obtained the rights to demolish the house without any municipal restrictions.

The area is undergoing rapid expansion, with new developments around the corner. With its prime location, approved zoning, and significant growth potential, this property offers a rare opportunity to create something truly special and capitalize on the area's future growth.

Asking Price: R 10,000,000 (Bond Costs Included)

Viewing strictly by appointment only. Contact me today to arrange a viewing or for more information—I’d be happy to assist with your investment journey!

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Property Overview

Listing Number

115637026

Type of Property

Vacant Land / Plot

Listing Date

25 February 2025

Erf Size

20 076 m²

Rates and Taxes

R 1 026

Points of Interest

Bond Calculator

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