Vacant Land for sale in Athlone Park 13574375

For Sale

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

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.

Your private notes:
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  • 1,500.00
  • 4,100.00
  • Property Video
  • 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
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Seeff Properties Amanzimtoti

Office: 031... 0319032556 Show Numbers
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