Vacant Land Residential for sale
🌳 Development opportunity | 4,558m2 prime vacant land for sale | chase valley downs, pietermaritzburg
Create a tranquil leafy retreat or lucrative development in Chase Valley Downs, Pietermaritzburg — expansive 4,558m² stand with four cut platforms and approved plans plus completed foundations.
💎 RARE FIND! PRIME LOCATION. EXCEPTIONAL DEVELOPMENT POTENTIAL!
Looking for the perfect property investment or development opportunity in one of Pietermaritzburg's most desirable leafy suburbs? This is an opportunity you don't want to miss!
TeamSOLD Realty proudly presents this expansive 4,558m2 vacant stand in the prestigious and tranquil surroundings of Chase Valley Downs.
Offering excellent development potential, this property is ideal for a discerning buyer, property developer or investor looking to unlock value in a sought-after residential location.
🌿 PROPERTY HIGHLIGHTS
-Generous 4,558m2 land extent
-Situated in a prime, leafy and established suburb
-Land subdivided by a land surveyor, but subdivision is not yet registered
-Four solid development platforms already cut into the land
-Excellent potential for residential development
-Peaceful surroundings with established residential appeal
🏡 TWO EXCITING DEVELOPMENT OPTIONS!
OPTION 1: BUILD YOUR DREAM HOME
-Approved building plans are available for an approximately 280m2 residential home, with the foundation already completed.
-An excellent opportunity to continue with the existing plans and create a beautiful family residence in an exceptional setting.
OPTION 2: PROPERTY DEVELOPMENT & INVESTMENT
-Thinking bigger? Explore the potential for a sectional title residential development, with the possibility of accommodating approximately 5 units or more, subject to planning requirements, municipal approvals and the merits of the application.
The existing single-residential building plans can be abandoned should a buyer wish to pursue an alternative development proposal.
IMPORTANT SUBDIVISION INFORMATION:
The subdivision has been surveyed but is not yet registered. Should a purchaser wish to proceed with the subdivision, the relevant documentation will need to be lodged with the Surveyor-General's Office for the necessary process and approvals.
📍 PRIME CHASE VALLEY DOWNS LOCATION
Enjoy the appeal of a peaceful, leafy residential environment in one of Pietermaritzburg's sought-after suburbs, offering an attractive setting for quality residential living and property development.
💰 ASKING PRICE: R1,650,000
🔥 LAND WITH THIS MUCH POTENTIAL IS HARD TO FIND!
Whether you're looking to build an impressive family home, develop sectional title units or secure a strategic property investment, this expansive stand offers the space, groundwork and possibilities to bring your vision to life.
📞 CALL TEAM SOLD REALTY TODAY!
Don't let this development opportunity pass you by. Contact TeamSOLD Realty to arrange a site viewing, discuss the development possibilities and explore the potential of this exceptional Chase Valley Downs property.
TEAM SOLD REALTY — WE TURN PROPERTY OPPORTUNITIES INTO REAL POSSIBILITIES!
Ownership costs
Property history
Listed for sale at R1,650,000
Smart property insights
Wide price range across Pietermaritzburg
Prices vary widely across Pietermaritzburg, so a like-for-like comparison isn't reliable for this home.
Above the typical range for Pietermaritzburg.
Market depth
34 similar homes
37 listings across Pietermaritzburg
261 days
Median time on market
Medium inventory
Active across Pietermaritzburg
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
