25 Jun 2020 / 11:00 a.m.
ONLINE LIVE ZOOM AUCTION
10 MONTEITH PLACE, DURBAN NORTH
The subject property is centrally located within the popular Durban North, in close proximity to Durban Virginia Airport, Lenmed eThekwini Hospital and Heart Centre, Greenwood Park Saps, Headway Pre-Primary School, Northway Primary School
Kensington Square, Kingston Boulevard, Arcadia Shopping Centre, Beaches and other local amenities with easy access to the M12 freeway.
Situated in prime upper Durban North with sea views, this 8762 m² site has town planning approval for 9 Sectional Title Freestanding Homes (Zoned Special Residential 900 m²), with relaxation permission, a 10th site would be possible.
Entrance Hall/ Reception Area
2 Kitchens with a Scullery
Large Pool with an Entertainment Area
5 Bedrooms (MES and a Dressing Room)
1 Large Bathroom
2nd Floor (Roof-Top):
6 Garages with paved parking
Automatic Gates, Intercom and Security Gates
Spectacular Views of Durban City
180° Sea View
Vacant Land Description
Erf 1710, measuring 4 818 m² comprises of vacant land / yard area.
This opportunity offers a rare chance to develop an estate style complex in the area. The property as a whole would ideally accommodate approximately 10 luxury homes in an “Estate Style” complex.
The Property underlies AMAFA regulation.
Extent: (Erf 2181 – House) 3944 m²
Extent: (Erf 1710 – Vacant Stand) 4818 m²
Monthly Rates (Erf 2181): ± R 13 317.56 (Estimated)
Monthly Rates (Erf 1710): ± R 24 440.00 (Estimated)