28 ha Farm in Assagay

R 13 750 000

Dave Jones

Seeff-Hillcrest Kloof Waterfall

28 ha Farm in Assagay

R 13 750 000

farm for sale
Can I afford this?
3 Beds
2 Baths
Land Area 28 ha
Rates R 9541

Heidi's Farm in the heart of the pristine Assagay Valley - 280,000 sq m land. 500 sq m buildings on a rural residential gated estate. The latest re-zoning trend in the area shows a move towards a rural residential re-zoning which will see 1 unit per 4000sqm of developable land. In this scenario the future re-zoning of the farm from agricultural to rural residential would see the approximate 12ha of developable land yielding a potential 30 sub-divisions or units in a gated estate. Under the same re-zoning direction to rural residential, an education establishment or a medical institutional are potential options by special consent from the municipality. Alternatively one could use the existing zoning AGRICULTURE 1 which allows 2ha sub divisions and this will result in approx. 12 sup divisions of 5 acres each which could make for an interesting gated community.

There are 3 dams on the site which also lends itself to being used agriculturally for tunnel growth options. This physically beautiful property is 3 kms from the freeway, 2 kms from Hillcrest central and 2 Minutes from Kearsney College. It is very seldom that we find properties of this size and calibre on the market.

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Key Property Features

2
Bathrooms
3
Bedrooms
2
Covered Parkings
1
Dining Areas
4
Lounges
Flatlets
Kitchen
Pool
Staff Quarters
Study

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Experience Hillcrest

Nestled in the Valley of a Thousand Hills, Hillcrest has a slightly cooler and less humid climate than other parts of Durban. It’s a family-friendly suburb, with many private schools, parks and kid-friendly restaurants. Estate living is very common, with many estates boasting well-kept golf courses. Built amongst rolling hills, houses have magnificent views of the valley and lush, surrounding hills. Just 30 minutes from Durban city centre, Hillcrest is away from the hustle and bustle. The area has a great sense of community, and a mix of country and cosmopolitan lifestyles.

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Similar Property for Sale in Assagay

28 ha Farm in Assagay

R 13 750 000

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