R900,000
R900,000
Monthly Bond Repayment R8,985.42
Calculated over 20 years at 10.5% with no deposit.
Change Assumptions
Monthly Rates
R1,200
R1,200
Prime Residential Development Land Opportunity
This generous 7,576 square meter vacant stand, zoned Residential 3, offers an exceptional opportunity for high-density residential development. Ideally located in a prime area, the property is surrounded by well-established neighborhoods, with easy access to schools, shopping centers, major roads, and public transport. Its zoning allows for the development of multiple dwellings such as townhouses or apartment blocks, making it an ideal investment for developers looking to capitalize on the growing demand for quality housing.
A key benefit is that no dolomite testing is required, allowing for immediate planning and development without the delays and costs associated with geotechnical assessments. The land is level and cleared, offering a blank slate with immense potential for a profitable and modern housing project. Whether you're an experienced developer or an investor seeking your next big opportunity, this stand is ready to bring your vision to life. Don’t miss out on this rare and valuable property.
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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.
