Rare Park Hill development opportunity on 1555m² level site zoned for three dwellings, with main house, extendable bachelor flat, new tiled roof and large garden. 3 bed, 1 bath, garage.
This large level property of 1555m2 in Park Hill has potential for development and is zoned for 3 dwellings. Currently there are 2 buildings on the property, the main house and a separate bachelor flat that could be extended.
The main house has 3 bedrooms, study with separate entrance, kitchen and dining room, 1 bathroom with a bath and a separate shower and large level garden. New roof – the asbestos roof was recently replaced with tiles.
1 garage.
Lots of potential for development.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,275,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 42 listings in Durban North (town)
Insight
Priced slightly below the median for similar properties. On a price-per-m² basis, it is 12% below the median.
Similar properties pricing
Affordability
R 22,332 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
42 similar listings
High similar-home inventory town-wide (Durban North)
Median time on market: 113 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Park Hill is a peaceful and established residential suburb offering a blend of suburban tranquility and convenient access to Durban North's amenities and the city center.
* Distances and amenities are approximate.