- 5
- 4
- 300 m2
- 1 ha
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 15000.00
Monthly Levy: ZAR 576.00
Special Levies: ZAR 0.00
Property description
Small Holding For Sale In Carlswald, Midrand
Prime Development Opportunity: 1.2 Hectare Holding with Multi-Residential Potential
This exceptional 1.2-hectare holding presents a rare and lucrative opportunity for astute investors. Currently featuring two existing houses, this property has been strategically rezoned for multi-residential township development, paving the way for the construction of 54 apartment units.
Key Investment Highlights:
Strategic Rezoning: Approved for multi-residential development, allowing for the construction of 54 apartment units.
Existing Infrastructure: Two existing houses provide potential rental income while development plans are finalized.
Vodacom Tower Site: A pre-existing Vodacom tower site generates consistent passive income.
Development Ready: Potential building plans have already been drawn up, streamlining the development process and saving valuable time.
Significant Potential: This property offers substantial returns on investment through the development of a high-density residential complex.
Large Stand Size: 1.2 Hectares offers ample space for the proposed development.
Investment Potential:
This property is perfectly positioned to capitalize on the growing demand for residential housing in the area. Investors can leverage the existing rezoning and potential building plans to create a profitable multi-residential development. The established Vodacom tower site provides an immediate and ongoing revenue stream, further enhancing the property's investment appeal.
Don't miss this exceptional opportunity to acquire a development-ready holding with significant potential for high returns. Contact us today to explore the possibilities.
Property Details
- 5 Bedrooms
- 4 Bathrooms
- 2 Ensuite
- 2 Lounges
- 2 Dining Area
- 1 Flatlet
Property Features
- Balcony
- Patio
- Laundry
- Wheelchair Friendly
- Pets Allowed
- Scenic View
- Kitchen
- Built In Braai
- Guest Toilet
- Paving
- Garden
- Family TV Room
| Bedrooms | 5 |
| Bathrooms | 4 |
| Floor Area | 300 ha |
| Erf Size | 1 ha |
Contact the Agent
Conre Wolfaardt
Candidate Property Practitioner
