R5,340,000
DUAL MANDATE!
Web Ref.
RLS997922
Prime Development Opportunity – Residential 2 Zoned Land for Sale
An exceptional investment opportunity offering two adjoining freehold stands measuring 9 261m² and 742m², to be sold together as one consolidated development opportunity.
This property is ideally suited for developers and investors seeking a residential project with strong yield potential.
Development Potential
• Zoned Residential 02
• 2 Storeys permitted
• 25 dwelling units per hectare
• Approximately 17 possible units (not yet subdivided)
• Sold as ONE stand
• As far as possible, 70% of units to allow extension to:
o 3 Bedrooms
o 2 Bathrooms
o 2 Garages
o 1 Covered parking
o 1 Open parking
The property enjoys a right of way / servitude from Glover Avenue, offering convenient access.
Servitude Conditions
The erf is subject to:
• A 2-metre-wide servitude in favour of the local authority for sewerage and municipal purposes along any two boundaries other than a street boundary.
• In the case of a panhandle erf, an additional 2-metre-wide servitude across the access portion for municipal purposes.
This is a rare opportunity to secure a well-positioned development site with excellent potential in a high-demand residential area.
Serious investors and developers – contact us today for detailed information and feasibility discussions.
An exceptional investment opportunity offering two adjoining freehold stands measuring 9 261m² and 742m², to be sold together as one consolidated development opportunity.
This property is ideally suited for developers and investors seeking a residential project with strong yield potential.
Development Potential
• Zoned Residential 02
• 2 Storeys permitted
• 25 dwelling units per hectare
• Approximately 17 possible units (not yet subdivided)
• Sold as ONE stand
• As far as possible, 70% of units to allow extension to:
o 3 Bedrooms
o 2 Bathrooms
o 2 Garages
o 1 Covered parking
o 1 Open parking
The property enjoys a right of way / servitude from Glover Avenue, offering convenient access.
Servitude Conditions
The erf is subject to:
• A 2-metre-wide servitude in favour of the local authority for sewerage and municipal purposes along any two boundaries other than a street boundary.
• In the case of a panhandle erf, an additional 2-metre-wide servitude across the access portion for municipal purposes.
This is a rare opportunity to secure a well-positioned development site with excellent potential in a high-demand residential area.
Serious investors and developers – contact us today for detailed information and feasibility discussions.
Features
Sizes
Die Hoewes, Centurion
Monthly Repayment
R0,00
R0,00
Calculators:
