R600,000
Monthly Bond Repayment R6,502.24
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
The potential for this vacant land is vast and promising
Perfectly situated in the bustling heart of Vereeniging CBD, this vacant land presents a prime investment opportunity. Currently zoned for residential use, specifically Residential 1. The central location of this land offers a strategic advantage, making it highly attractive for various residential development possibilities. Investors and developers can capitalize on its proximity to essential amenities, public transportation, and the vibrant city center. Residential 1 zoning typically allows for single-family homes, townhouses, or other low-density residential developments. This flexibility provides investors with the chance to meet the growing demand for housing in the area. Whether you're considering constructing a new residential development or building a single-family home, this land offers a versatile canvas for realizing your vision.
Additionally, the demand for housing in well-located urban areas tends to appreciate over time, making this investment not only an opportunity for immediate development but also a potential long-term asset with increased value. Vereeniging's CBD, with its commercial, retail, and recreational amenities, ensures that residents in this potential development will enjoy a convenient and vibrant lifestyle. Proximity to schools, healthcare facilities, and transportation hubs further enhances the land's appeal for residential purposes. Investing in vacant land in the heart of Vereeniging CBD aligns with the growing trend of urban development and presents a unique chance to contribute to the city's expansion. As the property market continues to evolve, this investment stands out as a promising venture, offering both immediate and future returns.
In conclusion, this ideally located vacant land in Vereeniging CBD, currently zoned for residential use, is a golden opportunity for investors seeking to make a mark in the dynamic real estate landscape. Don't miss the chance to be part of the city's growth â seize this ideal investment opportunity today.
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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.