1 300 m² Land available in Parkmore

SOUGHT AFTER, UNIQUE RES 3 DEVELOPMENT OPPORTUNITY

DEVELOPMENT LAND IN A HIGH DEMAND, PRIME, CONVENIENT & SECURE PARKMORE LOCATION

SANDTON CBD ON YOUR DOORSTEP - HYDE PARK UP THE ROAD.

This is a great opportununity to provide a solution to the following potential markets::

RENTABLE, SECURE STUDENT ACCOMMODATION:

ADDRESS THIS HIGH DEMAND MARKET FOR QUALITY ACCOMMODATION. Within an 8km radius of well known tertiary institutions, shops & public transport are within walking distance Potential highly competitive rental income figures

APARTMENTS GEARED TOWARD YOUNG PROFESSIONALS: Major routes, shops, entertainment facilities, Banks and Blue-Chip Corporate HQs nearby

RETIREMENT UNITS: Morningside Medi-Clinic, shops, & key routes are easily accessible

THE PROPERTY:

1500sqm corner stand - can accommodate 2 entry points

High density res 3 Zoned - info available on request.

Upmarket 6-7 storey apartment scheme potential.

Potential for 80 to 150 rentable units with select parking Quantity determined by size of each unit

Gated suburb enclosure 24 hour security

Units have potential for North, South, East or West views

On the doorstep of Sandton CBD

Existing dwelling to be demolished - currently income bearing

REQUIRED:

SDP submissions to be done

Demolition to be undertaken and Bulk Contribution payments required. Actual contribution amount is determined by the quantity of units to be built.

LOCATION:

Secure suburb. Within the ambit of Sandton CBD, major routes, Gautrain, Morningside Medi-clinic, entertainment & educational hubs, shopping malls, Blue-Chip company HQs, Banks, Stock Exchange

Within an 8km radius of Tertiary educational facilities

Sought after location with huge multi-market potential

Great investment ROI opportunity, & location for a rental scheme Market research undertaken

PAYABLE: TRANSFER DUTY & Conveyancer legal fees

30 Deposit required

In house Bond Development Bond assistance available

VERY SERIOUS SELLER - FOR FURTHER INFO CALL NOW - LETS MEET, VIEW & NEGOTIATE

Please Note: NO JVs will be considered.

E&OEs