LARGE RESIDENTIAL ESTATE FOR DEVELOPMENT ON AUCTION IN THE BEAUTIFUL PARADISE VALLEY AREA IN DURBAN
Online Auction: 12th of June 2024.
Note: Opening bids at R25,000,000. The auction is subject to a reserve price.
Wilds View is a unique, bespoke sectional title development situated in Woodside, on the cusp of Westville and Cowies Hill. The development comprises a total land area of ± 6.5634 Ha and borders on the Paradise Valley Nature Reserve.
The portion of the property reserved for development comprises ± 45% of total land area. This portion accommodates the top of the hill giving it expansive views to the south over the Paradise Valley Nature Reserve and the Umbilo River Valley.
In addition, Wilds View is situated in close proximity to major arterial routes, including leading schools, shopping centres and hospital / health facilities.
In sympathy to its unique location, the architectural design employed at Wilds View is of an African Zen Style, giving the development a feel which exudes ‘Eco Lodge’. Landscaping on the property has been executed in a natural style further enhancing the experience and reducing maintenance costs.
The lower/bottom 55% of the land is deemed an environmentally sensitive riverine forest and thus will not support any further non-environmental development. However, registering and maintaining a private environmental trust over this section is a possibility. The reserved development area allows eight residential properties of which 5 have been completed. There are thus 3 remaining undeveloped sites.
This unique estate boasts infrastructure such as:
Guard Hut
Storage ± 35 m2
Electronic Auto Gate Access
Full intercom system
2 m high boundary wall on northern boundary
5 m wide exposed aggregate pebble concrete driveway optic fibre hub on the property
Overflow parking area for 10 vehicles
Care takers cottage of 80m including 3 single and 1 double garage
Viewing deck ±35 m2 total covered area
200m| Full storm water reticulation for all developed sites
Full water supply reticulation and meters for all sites including undeveloped sited
Full electricity supply reticulation and meters for all developed sites.
