Rebuild your ideal family home in peaceful Richmond Crest, Pietermaritzburg—secure 800m² stand with existing garage, fenced boundaries, driveways and close to schools, shopping and transport.
This 800m2 residential property, situated in the serene and well-established suburb of Richmond Crest in Pietermaritzburg, offers a unique redevelopment opportunity for discerning buyers, developers, or investors.
The main dwelling was unfortunately destroyed by fire, however, a separate and structurally sound garage remains on site, providing a valuable starting point for future development. The land is zoned for residential use and is positioned in a peaceful neighbourhood that is both secure and family-friendly, surrounded by fully developed homes.
It is ideally located within close proximity to key amenities such as Primary Schools, Local clinics, Police services, and major retail outlets including Southgate Shopping Centre and Makro. The area is well-connected with easy access to transport routes, making it ideal for residential rebuilding or an investment property.
The stand is fully fenced, with existing driveways and some service infrastructure still present, reducing initial development input costs. Given the recent comparable property sales in the area ranging from R1.2 million to above R2 million, this property holds solid potential for capital growth.
The asking price is negotiable, and the seller is open to reasonable offers. This listing represents an ideal blank canvas for those looking to rebuild or reimagine a family home or rental opportunity in a quiet and desirable part of Pietermaritzburg.
Don’t miss out on the chance to secure a well-located site in a rising residential market.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R625,000
Price reduced by 12.0% to R550,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 20 listings in Pietermaritzburg (town)
Insight
Priced close to the median for similar land listings. On a price-per-land-m² basis, it is 147% above the median. Land size is 72% smaller than typical for similar land.
Similar properties pricing
Key differences
Market depth
20 similar listings
Medium similar land inventory town-wide (Pietermaritzburg)
Median time on market: 77 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
Richmond Crest is a tranquil and well-established residential suburb in Pietermaritzburg that offers residents a peaceful suburban lifestyle with convenient access to the city's essential services and educational institutions.
* Distances and amenities are approximate.