R2,250,000

R2,250,000

737m² Vacant Land For Sale in Musgrave
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GR 1 Vacant Land - Build 9 Luxury Units

Web Ref. RL7250
Land size 737.00 m²
Monthly Bond Repayment
R22,463.54
Vacant Land in a Sought-After Musgrave Location – A Rare Development Opportunity!

An exceptional chance to secure prime vacant land in one of Musgrave’s most desirable pockets! Zoned GR1, this site is perfectly suited for a boutique apartment development, offering outstanding potential for both investors and developers.

The property currently features an old, dilapidated structure ready for demolition—ideal for clearing and starting fresh with a purpose-designed build.

Zoning & Development Potential:
• GR1 zoning
• Maximum 3 floors permitted
• Up to 296 sqm buildable per floor
• Development concept: 3 units per floor, approx. 98 sqm each
• Total of 9 modern apartments—a perfect blend of comfort, convenience, and investment value

Location Highlights:
• Walking distance to Durban High School (DHS)
• Short stroll to Musgrave Centre for shopping, dining & daily essentials
• Easy access to major freeways for seamless travel
• Positioned along main public transport routes

This rare piece of land in a high-demand area offers unbeatable potential for a lucrative residential development. Opportunities like this in Musgrave are few and far between.

Don’t miss out—secure this prime development site today!

Contact me to view
Monthly Rates R2,235

Features

Sizes
Land Size 737 m²
Listing Info
Date Listed 15-11-25
Time Listed 18:06

Disclaimer

While every effort will be made to ensure that the information contained within the Legacy Real Estate Group website is accurate and up to date, Legacy Real Estate Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.