R 2 200 000
24 Bed House in Glen Marais
Calling all visionary developers and builders!Are you searching for a high-impact project with exceptional potential in a thriving location?Look no further than thisprime piece of land in the heart of Kempton Park CBD,poised for transformation into a modern,two-story apartment building.
While the current state may appear unassuming, don''t be fooled by the surface.Thisgenerously sized plotpresents a blank canvas brimming with opportunity.Envision19 well-appointed apartments,a mix of5 spacious two-bedrooms and 14 cozy one-bedrooms,catering to the diverse needs of Kempton Park''s vibrant community.
Here''s why this project is destined for success:Strategic Location:Situated in thebustling CBD,your development will be steps away from essential amenities,vibrant nightlife,and convenient public transportation.This ensures high occupancy rates and rental potential.Booming Demand:Kempton Park is experiencingrapid residential growth,fueled by a thriving economy and an influx of young professionals.Your apartments will cater to this burgeoning demand for modern,central living.Favourable Rezoning:Withrezoning for a two-story apartment building already in progress,you''ll benefit from streamlined approvals and expedited construction timelines.Get ahead of the curve and capitalize on this prime location before it''s too late.Exceptional Investment Opportunity:This project promisesattractive returns on investment. With well-designed apartments, a prime location, and strong rental demand, you can expect consistent income and long-term value appreciation.
Property details
- Listing number T4530204
- Property type House
- Erf size 1301 m²
- Floor size 747 m²
Property features
- Bedrooms 24
- Bathrooms 19
- Lounges 19