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LIVE AUCTION :2 FRASER ROAD, HILLCREST, KWAZULU NATAL COMMERCIAL PROPERTY AUCTION IN MOUNT EDGECOMBE, KWAZULU-NATAL AUCTIONED BY IN2ASSETS PROPERTY SPECIALISTS

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MOUNT EDGECOMBE - COMMERCIAL PROPERTY

LIVE AUCTION :2 FRASER ROAD, HILLCREST, KWAZULU NATAL

DESCRIPTION:

Rare Medical Development Facility Near Hillcrest Private Hospital

Extent: ± 10 682 m² | Brilliantly located opposite the Hillcrest Private Hospital | A unique development opportunity ideally suited for Medical uses | Versatile office building easily repurposed to fit alternate uses | Large development land and variety of potential | Proposed plans available | Zoned: Institutional 2

This ±1.0682-hectare property is well-located directly across the Busamed Hillcrest Primary Hospital. Historically, the property was used as a large residential property with equestrian facilities. The property was subsequently rezoned and repurposed to offer a unique development opportunity in an area earmarked for larger development generally. The sites prime position opposite the Hillcrest Private Hospital offers immense potential for a medical centred development which could see a range of uses and may even suit a step-down facility or rehab. A small dam and scenic cluster of trees sit at the rear of the property and could easily be incorporated into the unique design of the greater scheme.

The property currently comprises versatile repurposed buildings which are currently utilised as an office building with multiple short term tenants. The property is in immaculate condition and the current layout of the building offers versatility to a range of potential uses. These include the ex-stables, which have purposefully kept the original ‘stable style’, which suit smaller offices or medical rooms. The property, being just over a hectare, offers large development stands on either side of the current offices/medical rooms.

 

Plans are available on request for a proposed scheme which incorporates the entire site. The air-conditioners and alarm system forms part of the sale. As per the Title Deed and SG Diagram, the property is subject to various servitudes.

FEATURES:

 Rare Medical Development Facility Near Hillcrest Private Hospital

Extent: ± 10 682 m² | Brilliantly located opposite the Hillcrest Private Hospital | A unique development opportunity ideally suited for Medical uses | Versatile office building easily repurposed to fit alternate uses | Large development land and variety of potential | Proposed plans available | Zoned: Institutional 2

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