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Musgrave, Musgrave, Durban, KwaZulu-Natal
R 2 250 000
A Rare Find! Development Opportunity in Musgrave Positioned in one of Musgrave’s most sought-after pockets, this prime piece of development land presents an exceptional investment opportunity. Zoned GR1, the property is ideal for constructing a boutique apartment block perfectly suited for modern living or long-term rental investment. The property currently includes a dilapidated house that requires demolition, clearing the way for a fresh, purpose-designed development. Zoning permits a maximum of three floors, with each floor offering up to 296 sqm of buildable area. A highly attractive development concept includes three spacious units per floor, each approximately 98 sqm, giving you a total of nine premium apartments—a perfect balance of density and comfort. The site’s location is unmatched. Situated in the heart of Musgrave, it offers unbeatable...
Estimated monthly repayment
R 21 247
on a R 2 025 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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Musgrave, Musgrave, Durban, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Fair-value check
Fairly pricedIn line with comparable 3-bed houses for sale in Musgrave
Based on 25 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Dylan Jacobs
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