2 ha farm in Brentwood Park

R 10 900 000

Daniel Visser

RealNet-Plotte & Plase Noord

2 ha farm in Brentwood Park

R 10 900 000

Land Area 2 ha

Sectional Title Development

Brentwood Park, Benoni, Ekurhuleni Municipality, Gauteng

BACKGROUND

The property is situated just of Great North Road in Brentwood Park between Kempton Park and Benoni. The entire property is 2,0229 ha is in size.

Rights have been approved for 92 sectional title units to be developed on 1,5530 ha of the property.

The remaining 0,4699 ha has an existing house of 720 square metres.

The property has currently rental income of R30,000 per month.

The township establishment application is approved (Goedeburg X46), ROD issued and Conditions of Establishment is available. The General Plan is approved and the application for a services agreement is in the final stage of approval.

SITE DEVELOPMENT

Proposed zoning:SPECIAL FOR RESIDENTIAL 3

60 Units per hectare

Coverage 50%,

FAR 1.0

Height 2 storeys

SERVICES

Preliminary cost estimates received from engineers for installation of services up to boundary.

Civil: R 1 100 000 excl VAT

Electrical:R 1 850 000 excl VAT

The above estimates include all bulk contributions where applicable and exclude professional fees.

OTHER

The following documents can be made available upon request:

Conditions of Establishment

ROD (exemption)

General Plan

Draft Service Agreement

Title deed

Proposed Layout Plan

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Experience Benoni

Benoni was originally a mining town, and the mines and supporting businesses attracted people from all over the world. This played a big part in the area being as diverse as it is today. Benoni is a picturesque setting for families with its attractive tree lined suburban streets. For those that are interested in all things equestrian, Benoni has many horse stables and riding facilities. Residents like to refer to Benoni as the "City of Lakes" with 4 scenic lakes dotted around the area.

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2 ha farm in Brentwood Park

R 10 900 000

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