3 Bedroom House in Musgrave

A Rare Find! Development Opportunity in Musgrave

Positioned in one of Musgraves most sought-after pockets, this prime piece of development land presents an exceptional investment opportunity. Zoned GR1, the property is ideal for constructing a boutique apartment block perfectly suited for modern living or long-term rental investment.

The property currently includes a dilapidated house that requires demolition, clearing the way for a fresh, purpose-designed development.

Zoning permits a maximum of three floors, with each floor offering up to 296 sqm of buildable area. A highly attractive development concept includes three spacious units per floor, each approximately 98 sqm, giving you a total of nine premium apartmentsa perfect balance of density and comfort.

The sites location is unmatched. Situated in the heart of Musgrave, it offers unbeatable convenience:

Walking distance to Durban High School (DHS)

Just a short stroll to Musgrave Centre for shopping, dining, and daily essentials

Quick and easy access to the freeway, ensuring seamless connectivity

Located along major public transport routes for added accessibility

Whether you''re an investor looking to develop a high-demand residential block or a developer seeking a strategic site with excellent returns, this property ticks all the boxes. Rarely does land of this nature, in such a premium location, become available.

A remarkable opportunity not to be missed.