R 4 150 000
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355 m² Commercial space in Modelpark

1 798 m² 355 m²

DEVELOPERS DREAM - 15 ONE BEDROOM UNITS

A Prime Development Opportunity Awaits You!

Residential 3 Zone Opportunity with Annexure for Additional Dwellings in Modelpark, Witbank, Mpumalanga!

This property features:

4 Existing Spacious Units, fully let! This investment that keeps on giving.

Each unit consist of an open plan lounge and kitchen, with classic white bathrooms featuring a basin, toilet, and shower Luxurious roller blinds fitted on all windows.

With Expansion Potential, you can build an additional 11 one-bedroom units for a total of 15 units allowed with a 70% coverage capability No VAT payable

Enjoy the luscious surroundings:

Beautiful Landscaped Gardens with large trees and evergreen grass create a serene atmosphere. Some units feature balconies overlooking the garden.

This magnificent property interact with nature and provide future tenants with the comfort of tranquil living.

Why Invest in Modelpark?

* Central Location* Access to local amenities, schools, shopping centers, and recreational spaces.

* Established Community* Live in a welcoming, developed neighborhood that thrives.

* Lucrative Investment Potential* Be part of the growing demand for quality residential living in Witbank.

Dont Miss Out! This is your chance to secure a promising investment in a fantastic location. Act now to take advantage of this unique opportunity.

Property details

  • Listing number T4971983
  • Property type Commercial
  • Listing date 20 Feb 2025
  • Land size 1 798 m²
  • Floor size 355 m²
  • Rates and taxes R 1 664
  • Levies R 204

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