SARBRO PROPVEST (PTY) LTD (IN LIQUIDATION)

Ref# 1866 Offer Liquidation
Expires: Monday, 30 June 2025 at 10:00
Expires: Monday, 30 June 2025
Masters Reference: D00214/2022
Location: KwaZulu-Natal

About:
Vacant land measuring 1.1604H in extent Zoning: Undetermined Rate Catagory: 3 - Vacant land Monthly Rates: R6 315.15 The property is located in a good, central position within the upmarket suburb of La Lucia. A large irregular shaped site, adjacent to a single residential dwelling being 37A Ridge Road, the Leo Boyed M4 on ramp and the site backs onto the M4 Highway. The site has an approximate developable area of 5000 sqm. The balance of land is narrow and mostly un-usable making up a buffer area for the adjacent residential properties located along Ridge Road. The property is fully covered by D'Moss (Designated Municipal Open Space) layer which currently determines the property un-developable, however the layer is disputable or a portion of same may be lifted on successful application to the municipality after a favourable environmental assessment has been achieved.
Address:
Portion 9 of the Farm Lot La Lucia No. 14634 (Alongside the MR398, Umhlanga Rocks) Access Point: 35a Ridge Road, La Lucia GPS Co-Ordinates -29.744678 / 31.073009, KwaZulu-Natal
Contact Person:
Linda 031 512 5005 / 0791778011
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AGREEMENT OF SALE Download