PROPERTY WITH DUAL FRONTAGES - COWEY ROAD - GREAT BUSINESS POTENTIAL
INVESTMENT OPPORTUNITY WITH DIVERSE DEVELOPMENT OPTIONS
This unique property offers an excellent investment opportunity, boasting dual road frontages between 11th Avenue and Problem Mkhize Road (formerly Cowey Road).
Situated on a 999m² land extent, the property currently comprises a main dwelling, spacious outbuilding and double garage, providing several possibilities for an investor, developer or owner-occupier.
The main house faces Problem Mkhize Road, with a garden and staircase leading up to the residence. The property is presently being utilised as accommodation but offers the flexibility to be transformed into a beautiful family home, professional offices or another suitable use, subject to the necessary approvals.
Between the main house and the outbuilding, towards the 11th Avenue frontage, is a non-functional swimming pool. This could be restored and incorporated into an entertainment area or closed off to create additional usable space, depending on the purchaser's requirements.
The spacious outbuilding further enhances the property's potential and comprises a large room, lounge, kitchen and bathroom. Together with the existing double garage and generous land size, this provides ample scope for refurbishment, rental accommodation or redevelopment.
Importantly, the property is zoned Medium Density Housing, making it particularly attractive to developers looking to unlock the development potential of this well-positioned site.
KEY FEATURES
999m² land extent
Dual road frontage
11th Avenue and Problem Mkhize Road (Cowey Road)
Main dwelling
Spacious outbuilding
Large room, lounge, kitchen and bathroom
Double garage
Existing swimming pool
Currently utilised as accommodation
Potential for residential or office conversion
Medium Density Housing zoning
Excellent development potential
Ideal for investors and developers
A property offering multiple options — renovate, repurpose, generate rental income or redevelop. This is an opportunity not to be missed.
This unique property offers an excellent investment opportunity, boasting dual road frontages between 11th Avenue and Problem Mkhize Road (formerly Cowey Road).
Situated on a 999m² land extent, the property currently comprises a main dwelling, spacious outbuilding and double garage, providing several possibilities for an investor, developer or owner-occupier.
The main house faces Problem Mkhize Road, with a garden and staircase leading up to the residence. The property is presently being utilised as accommodation but offers the flexibility to be transformed into a beautiful family home, professional offices or another suitable use, subject to the necessary approvals.
Between the main house and the outbuilding, towards the 11th Avenue frontage, is a non-functional swimming pool. This could be restored and incorporated into an entertainment area or closed off to create additional usable space, depending on the purchaser's requirements.
The spacious outbuilding further enhances the property's potential and comprises a large room, lounge, kitchen and bathroom. Together with the existing double garage and generous land size, this provides ample scope for refurbishment, rental accommodation or redevelopment.
Importantly, the property is zoned Medium Density Housing, making it particularly attractive to developers looking to unlock the development potential of this well-positioned site.
KEY FEATURES
999m² land extent
Dual road frontage
11th Avenue and Problem Mkhize Road (Cowey Road)
Main dwelling
Spacious outbuilding
Large room, lounge, kitchen and bathroom
Double garage
Existing swimming pool
Currently utilised as accommodation
Potential for residential or office conversion
Medium Density Housing zoning
Excellent development potential
Ideal for investors and developers
A property offering multiple options — renovate, repurpose, generate rental income or redevelop. This is an opportunity not to be missed.
Monthly Rates
R3,420.67
Features
Zoning
Interior
Exterior
Sizes
Parking Bays
Listing Info
Essenwood, Durban
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
