This development opportunity is situated 6 km’s from the centre of Pietermaritzburg and sits adjacent to the exciting Capital Hill estate which has had a positive market reaction. Given future projected expenditure in this area this prospect should be considered seriously.
In terms of planning, zoning regulations, and infrastructure- the development can accommodate light industrial and low impact mixed use. The population density will create high demand for retail shops and petrol stations. The estimated retail space would hold a 33% coverage and 196 parking bays.
The total development includes space for a school or crèche as well as light industrial sights.
Infrastructure for bulk services has been laid for convenience sake.