2796 m² Land available in Rivonia

R 5 500 000

Sue Taylor

Adrienne Hersch Properties-Houghton Office

2796 m² Land available in Rivonia

R 5 500 000

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Land Area 2796 m²

LAND FOR DEVELOPMENT.

Re-zoning was completed in 2009 and the rights granted were for Residential 3. (50 units/hectare). Eligible for 13 units, 3 storey's and loft.

The size of the property is 2,795 m2.

Cover costs with significant rental income whilst building plans are drawn up and submitted. There are currently 8 cottages plus the house. The cottages are rented for R50,627.00. This income excludes the house.

Services and contributions were quoted as R158,307.59.

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Experience Sandton

Sandton is a vibrant, modern neighbourhood that contains the richest square mile in Africa. It is the business gateway into Africa for many large corporations and attracts thousands of ambitious people seeking their fortunes. But Sandton is not just about big business, residents find plenty of time for leisure too. World class shopping centres, and a buzzing social scene are a huge hit with the young and young at heart. Perhaps surprisingly, there is a huge amount of green space in the area that residents take advantage of to exercise or just take a breather.

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2796 m² Land available in Rivonia

R 5 500 000

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