R 12 000 000
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2 453 m² Land available in Faerie Glen

indiana avenue
2 453 m²

Presenting an exceptional development opportunity in the prime location of Faerie Glen. This strategically located property, which was recently rezoned to Residential 4, offers a unique opportunity for forward-thinking investors and developers. The rezoning allows for the construction of an impressive four-story building, with 44 contemporary flats designed to redefine modern living.

The permitted construction to develop a four-story building with a total of 44 flats

16 x 70.5 square meter two-bedroom flats.

36 one-bedroom, 30-square-meter flats

12 loft units measuring 42.5 sqm.

This development opportunity not only demonstrates Faerie Glen''s potential for growth, but it also provides an opportunity to contribute to the community''s evolving landscape. The demand for contemporary living spaces is increasing, making this project a lucrative investment opportunity.

Property details

  • Listing number T4663039
  • Property type Commercial Land
  • Erf size 2 453 m²

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