Land with RES 4 zoning offering the opportunity to build 44 flats in a 4-storey building with a buildable area of 2453 sqm.
Opposite the PnP Hyper in Indiana Street.
Positioned ideally next to the Eye Institute in Faerie Glen.
Since compact living is something of the future, studio loft and 1 bedroom apartments are ideal.
The layout we submitted that was approved is as follows:
16 x 2 bedroomed flats of 70.5 sqm (this could be redesigned to 1 bedrooms since it is more scarce than 2 bedrooms in the area).
36 x 1 bedroomed flats of 30 sqm.
12 Loft Units of 42.5 sqm in size.
59 parking bays.
Open space for residents.
Bulk services not in place and will have to be done by the Purchaser.
Borehole in place making it ideal for building when municipal water supply is restricted.
Coverage: 60%.
Height: 18 meters.
FSR: 1
Key Property Features
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