1 ha Land available in Die Hoewes

Prime Development Opportunity Residential 2 Zoned Land for Sale

An exceptional investment opportunity offering two adjoining freehold stands measuring 9 261m2 and 742m2, to be sold together as one consolidated development opportunity.

This property is ideally suited for developers and investors seeking a residential project with strong yield potential.

Development Potential

Zoned Residential 02

2 Storeys permitted

25 dwelling units per hectare

Approximately 17 possible units not yet subdivided

Sold as ONE stand

As far as possible, 70 of units to allow extension to:

o3 Bedrooms

o2 Bathrooms

o2 Garages

o1 Covered parking

o1 Open parking

The property enjoys a right of way servitude from Glover Avenue, offering convenient access.

Servitude Conditions

The erf is subject to:

A 2-metre-wide servitude in favour of the local authority for sewerage and municipal purposes along any two boundaries other than a street boundary.

In the case of a panhandle erf, an additional 2-metre-wide servitude across the access portion for municipal purposes.

The monthly municipal costs consist of property rates of R3 958.87 and

waste removal of R388.74, which amounts to a total of R4 347.61 and on

the second erf the property rates are a amount of R29.61.

The total monthly amount for both erven combined therefore amounts to R4 377.22.

This is a rare opportunity to secure a well-positioned development site with excellent potential in a high-demand residential area.

Serious investors and developers contact us today for detailed information and feasibility discussions.