R 20 000 000 | Vacant Land / Plot for Sale in Assagay

A rare opportunity to acquire two consolidated ERFs totaling approximately 118,299sqm of gently sloping, developable land in the sought-after suburb of Assagay, bordering Alverstone and just minutes from Hillcrest.

Strategically positioned adjacent to the M13 (King Cetshwayo Highway) and close to the N3 Freeway, this property offers seamless connectivity between Durban and Pietermaritzburg. Its prime location places it in close proximity to key amenities including Hillcrest Private Hospital, top-tier private schools such as Kearsney College, Hillcrest shopping precincts, and the Westown Development – a major growth node for the Upper Highway area.

Key Features:

±118,299sqm of gently undulating land ideal for residential or mixed-use development

Zoned for rural residential, with potential for rezoning and densification

Multiple access points from Fraser Road and Alverstone Road

Established infrastructure, including a stream, mature trees, and basic utility access

Existing structures include a tenanted 3-bedroom home, staff quarters, workshop, garages, and stables – all offering holding income potential

Close to Keystone Park and the N3 corridor, supporting commercial and residential expansion

Investment Highlights:

Located in an upmarket, high-demand area with a strong track record of capital growth

Surrounded by smallholdings, stud farms, and country estates – perfect for exclusive residential estates, lifestyle villages, or eco-conscious development

Constant water source from a natural stream and on-site fruit, nut trees, and bee hives add to the land’s agricultural and lifestyle appeal

Situated just 7 minutes from the Hillcrest CBD, in a rapidly developing economic hub

Demand for quality accommodation is rising due to Westown’s expansion and regional growth

This is a rare investment opportunity in a prime location with strong fundamentals and excellent long-term upside. Whether you're a developer, investor, or land banker – this property checks all the boxes.

Viewings by appointment only. Contact us today to secure this exceptional piece of real estate.