A great opportunity arises for a mixed use development in the Lincoln Mead area, just outside of Pietermaritzburg. Extending approximately 20,000sqm of level land, the property has already be zoned for a Mixed Use Development with all municipal approvals and other approvals are already in place.
The area allows for an integrated mixed use development comprising of residential (500 flats / apartments), retail and service station. Originally envisioned as a 3-storey mall with flats/apartments and a petrol station, the Seller has decided to pass his dream over to someone else due to retirement. There is also an adjacent 50,000+ sqm vacant property (municipal) for further development and the purchaser of this property will have the first option on this property.
For more information on this great development opportunity, pls contact us.
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