- 399 000 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 6600.00
Property description
This is a rare opportunity to secure 39.9 hectares of well-located land in one of Hilton’s most established and consistently high-performing suburbs. Positioned along Dennis Shepstone Drive in Winterskloof/Mount Michael, the property offers scale, accessibility and long-term development potential in an area where large land parcels are becoming increasingly scarce.
The location is a key driver of value - within close proximity to Hilton Village, top private schools, medical facilities, Pietermaritzburg CBD and the N3 corridor. Winterskloof remains a proven growth node, attracting strong demand from residential, lifestyle and retirement markets.
The size and zoning potential of the land allow for multiple development options, including residential estates, sectional title schemes, retirement or lifestyle developments, or strategic land-banking. The surrounding area supports premium pricing and sustainable absorption rates, making this an attractive proposition for both phased development or long-term holding strategies.
From an investor perspective, this property offers scale, position and flexibility - three elements that are increasingly difficult to secure in the Hilton market. For developers, it presents a blank canvas in a suburb with established infrastructure, strong end-user demand and clear upside potential.
Opportunities of this magnitude and location are seldom available in Hilton. This is a strategic acquisition for those looking to secure future growth in a tightly held Midlands market.
Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.
Property Details
Property Features
- Access Gate
- 458 Residential units (including 203 freestanding homes and 255 apartments),
- Laundromats & service amenities
- Office buildings for professionals
- Restaurants and lifestyle cafés
- Shops
- Institutions for the aged (retirement or frail-care facilities)
| Erf Size | 399 000 m2 |
