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

Presenting our new Exclusive Mandate

**The sellers are motivated and open to considering reasonable offers from qualified purchasers.**

Positioned in the heart of a rapidly expanding economic node, this expansive property offers a rare dual-access configuration with entry points from both Alverstone Road and Fraser Road.

Comprising two adjoining ERFs (±118,299sqm combined) and offered as one, the layout presents a distinct strategic advantage — allowing for separate or phased rezoning applications, enabling developers to maximise the site’s full potential.

Property Overview:
* ±11.8 hectares across two ERFs
* Dual access from Alverstone Road and Fraser Road
* Existing municipal water and electricity services connected to onsite dwellings
* Varied topography: elevated sections with expansive views, balanced by more usable, gently sloped and level areas
* Natural stream running through the property
* Development-Ready Advantage

A standout feature of this property is the ±17,000sqm (1.7Ha) levelled platform already in place, providing:
* A significant head start on development
* Reduced earthworks and site preparation costs
* Immediate usability for a range of development applications
* Visionary Development Potential

This property presents a versatile canvas for a range of development strategies, particularly given its proximity to the fast-growing Westown precinct:

Residential Lifestyle Estate - Ideal for a secure estate, eco-conscious development, or multi-entrance residential scheme making full use of the dual access configuration.

Healthcare & Wellness Development - Well suited to step-down facilities, rehabilitation centres, or specialised care estates, supported by proximity to Busamed Hillcrest Private Hospital and surrounding medical infrastructure.

Hospitality or Retreat Destination - Elevated portions of the land and natural features lend themselves to boutique hospitality offerings, wellness retreats, or lodge-style developments.

Licensed Agricultural Opportunity - The property holds a valid hemp cultivation permit, creating an opportunity for entry into a regulated, high-growth agricultural sector.

Mixed-Use Development - A combination of residential, healthcare, hospitality, or niche commercial elements could be integrated into a phased, high-impact development.

Existing Infrastructure:
* Main house and outbuildings (in need of refurbishment or repurposing)
* Additional structures including workshops and storage
* Separate cottage on the Alverstone-side erf (currently tenanted)

Location Highlights:
* ±7 minutes to Hillcrest CBD
* Easy access to the M13 and N3 corridors
* Close to leading schools, shopping centres, and medical facilities
* Strategically positioned near the Westown mixed-use development, driving strong regional growth

The Opportunity:

Large, well-located land parcels of this scale are becoming increasingly scarce. With its dual-access configuration, existing services, development-ready platform, and flexible zoning potential, this property offers a compelling opportunity for developers and investors to create a landmark project within a proven growth corridor.

Viewings by appointment only. Pre-screening and financial qualification of buyers is required prior to viewing.

Contact us today to explore the full potential of this unique development opportunity.