2 453 m² Land available in Faerie Glen
Introducing an exceptional development opportunity in the prime location of Faerie glen, This strategically positioned land, recently rezoned to Residential 4, provides a unique prospect for visionary investors and developers. The rezoning permits the construction of an impressive 4-storey building, allowing for the creation of 44 contemporary flats, each set to redefine modern living.
The permissible construction to develop a four-storey building comprising a total of 44 flats
16 x 2 bedroomed flats of 70.5 sqm.
36 x 1 bedroomed flats of 30 sqm
12 Loft Units of 42.5 sqm in size
This development opportunity is not only a testament to the growth potential in Faerie glen but also a chance to contribute to the evolving landscape of the community. The demand for contemporary living spaces continues to rise, making this project a lucrative venture for those with a keen eye for investment.
Property details
- Listing number T4508641
- Property type Commercial Land
- Erf size 2 453 m²