4 ha Land available in North Riding

R 12 000 000

David Lawry

Keller Williams-Advance

4 ha Land available in North Riding

R 12 000 000

Can I afford this?
Floor Area 800 m²
Land Area 4 ha
Rates R 3000

This prize property is an investors dream, currently generating a monthly revenue stream of R45 000 and set on the edge of the new development hub opposite the Northgate dome. There is a serious opportunity for money to be made on this 4ha of prime development land. The holding cost before development is halved by the current rental income. Zoned as a residential property.

The existing infra structure comprises of a main house, and six cottages that produce the monthly rental income detailed above. In addition there is 1.5ha of instant lawn, 5garages, 6 carports and 6 rooms for staff accommodation. The residential area has an electric fence around it and an electric sliding gate at the entrance.

The thatched main house is a luxury unit boasting 4 spacious bedrooms, 4 bathrooms (3 en suite), 3 living areas and beautiful kitchen featuring a scullery, pantry and separate laundry room. The cottages comprise of 4 x luxury 2 bedroom units and 2 x 1 bedroom units.

Be quick, call me to seize this opportunity!

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Experience Northriding to Lanseria

What was previously agricultural land, has been transformed into a bustling residential and commercial hub. The Coca Cola Dome is a well known landmark that provides constant nightlife and live entertainment, drawing people from neighbouring cities. Numerous shopping centres provide locals with opportunities for retail therapy and socialising. Luxurious estates, private schools, top-class healthcare, retirement villages and other facilities are contributing to the upward trend in this bustling, rapidly developing area.

Find out more about Northriding to Lanseria

4 ha Land available in North Riding

R 12 000 000

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