2 434 m² Land available in Faerie Glen
Development Opportunity Within The Greater Faerie Glen Area
This development opportunity within the greater Faerie glen area has approval for a res four development
Zoning: Approved Residential 4 RES 4 zoning.
Prime location for a residential development.
Development Opportunities approved for 44 flats in a 4-story building, 59 parking bays, with a total buildable area: 2434sqm.
On the properties are the following features, a 250 GB fibre line is already connected to the site and a borehole on Erf 195, which can be utilized for the development.
The price is not VAT applicable, but transfer duty is payable by the purchaser.
The developer has flexibility and the option to change the layout to suit their needs, shifting to a 3-story building with 33 flats for a more upmarket development, which would reduce the bulk services contributions.
This type of development, especially in a well-connected location with fibre and a borehole is valuable extras for a development.
The flexibility to tailor the design to meet your specific needs are still possible.
Faerie Glen is situated close to all ematies and major routes.
Please call me now to book your private viewing of this development opportunity for sale in Faerie Glen.
ANWER REAL ESTATE (PTY LTD trading as RE/MAX Capital (Hazelwood) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Property details
- Listing number T5090086
- Property type Residential Land
- Listing date 24 May 2025
- Land size 2 434 m²
- Rates and taxes R 2 000