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 expansive 6,694 square meter vacant stand, zoned Residential 3, offers a rare opportunity for high-density residential development in a prime location. Ideally situated in a well-established and sought-after area, the property is conveniently close to schools, shopping centers, major roads, and public transport, ensuring strong appeal for future residents. The Residential 3 zoning allows for the construction of multiple dwellings such as townhouses or apartments, making it an ideal investment for developers looking to meet the growing demand for secure, modern housing.
A major advantage is that no dolomite testing is required, allowing for immediate development without costly delays. The land is flat, cleared, and ready for construction—providing a blank canvas with outstanding potential. Whether you’re an experienced developer or savvy investor, this site offers the perfect foundation for a profitable project. Don’t miss out on this exceptional opportunity to create something remarkable in one of the area's most desirable locations.
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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.
