- 2 453 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1986.00
Property description
- Price: R12 450 000.00 (VAT not applicable, but transfer duty is payable by the purchaser).
- Zoning: Approved Residential 4 (RES 4) zoning.
- Location: Faerie Glen – a prime location for residential development.
- Development Opportunities approved:
- 44 flats in a 4-story building.
- 59 parking bays.
- Total buildable area: 2453sqm.
- Infrastructure:
- A 250 GB fibre line is already connected to the site.
- A borehole on Erf 195, which can be used for the development.
- Flexibility: The developer has the option to change the layout to suit their needs (e.g., 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.
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Property Details
Property Features
- Access Gate
| Erf Size | 2 453 m2 |
