Vacant Land for sale in Athlone Park 13574375

For Sale
Back

Vacant Land, Athlone Park, Amanzimtoti | Ref: 13574375 - (2618431 )

Reduced Drastically!! The Executive Retirement Hotel Development Site

The KZN coastal areas have long been a prime retirement destination for South Africans drawn to the moderate climate and the sandy beaches. The suitability of any location to a specific development type is a critical success factor.
This magnificent development site is zoned GR2, it is 4100 sqm in extent, located between Prospecton and Amanzimtoti.

‘The Executive’ Retirement Hotel site in Athlone Park, a leafy suburb 20km South of Durban CBD, is ideally situated for the development of a ‘non-assisted’ retirement hotel, offering a safe and peaceful environment close to core amenities such as beaches, a stunning golf course, hospital and other medical facilities and extensive retail areas. The development will comprise five levels of 60 one bedroom suites, each with a designated parking. As well as in-house amenities, such as restaurant, lounge and library. Externally, the development will feature a landscaped garden with seating areas, a braai area and an infinity swimming pool.
The development will also include a 2 lane rooftop lawn bowling green and the related in-house facilities will include outsourced primary medical care.

The retirement market in South Africa is flourishing, with demand for units at all-time highs in many areas. Supply is limited, particularly for better placed facilities, which often rapidly sell out off-plan. ‘The Executive’ offers a great opportunity for a developer to capitalize on this stronger market trend.

Comprehensive business case with development cost calculations to hand.

Alternatively, for the discerning buyer to build the home of your dreams with the only view of it's kind, or for the savvy developer to erect multiple units. The possibilities are endless.

Latest news, drastic price reduction!!
Due to the decision to retire early and divest of his remaining sites, the seller has with immediate effect reduced the price from R7,000,000 to R3,725,000.

Your private notes:
Need to be lgged in to use this feature

Features

  • 1,500.00
  • 4,100.00
  • Map of Area

Gavin Parkins

Vacant Land for sale in Athlone Park, Gavin Parkins
Office: 031... 0319031234 Show Numbers
Cell: 082... 0826242521 Show Numbers
Email: ... Gavin Parkins Show Email
Fax:
View my Properties

Seeff Properties Amanzimtoti

Office: 031... 0319032556 Show Numbers
Fax: 0865187505

Contact

(By registering a user account, you indicate that you have read and agree to our Terms and Conditions)
  • R 3,990,000

    6 Bedroom House for sale in Panorama Park

  • R 3,900,000

    9 Bedroom House for sale in Athlone Park

  • R 3,900,000

    4 Bedroom House for sale in Panorama Park

  • R 3,900,000

    8 Bedroom Commercial for sale in Athlone Park

  • R 3,725,000

    Vacant Land for sale in Athlone Park

  • R 3,500,000

    Vacant Land for sale in Lower Illovo

  • R 3,495,000

    3 Bedroom House for sale in Athlone Park

  • R 3,300,000

    Commercial for sale in Amanzimtoti

  • R 3,299,000

    5 Bedroom House for sale in Athlone Park