- 4 047 m2
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Property description
Discover an unparalleled investment opportunity at the gateway to Dundee! This exceptional 4,047m² vacant industrial plot, ideally situated on the Main Street and directly accessible from the national road leading to Richards Bay, presents a prime location for a wide array of development ventures. As the very first property encountered upon entering Dundee from the Richards Bay direction, its visibility and accessibility are second to none, promising significant foot and vehicle traffic for any business established here.
Dundee is experiencing a surge in growth, underscored by the recent establishment and ongoing expansion of a new college. With an anticipated need for accommodation for approximately 5,000 students, this strategically positioned plot offers a direct and highly lucrative solution. The National Student Financial Aid Scheme (NSFAS) has a lifetime contract in place to provide accommodation at R3500.00 per person, presenting a guaranteed and substantial income stream for student housing developments. Imagine the potential returns on a project designed to meet this significant demand!
Beyond student accommodation, the possibilities are vast. This serviced industrial plot is zoned for Service Industrial use, making it perfectly suited for a variety of commercial enterprises. Its strategic location ensures it will serve both the local community and the increasing number of travelers utilizing the Richards Bay route.
The land is already equipped with essential services, including a water connection, both 2-Phase and 3-Phase electricity, and a sewage connection, streamlining the development process and reducing upfront costs. This level plot is ready for construction, offering a blank canvas for your vision. Whether you are an astute investor looking for a high-return project or a business owner seeking a prominent and accessible location, this property is a worthy investment that capitalizes on Dundee's burgeoning economy and specific developmental needs. Don't miss this chance to secure a piece of Dundee's future growth.