R 3 300 000
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5 305 m² Land available in Fauna
5 305 m²
This piece of land is zone for residential 3.
You can build 23 unit that can be retirement village, maisonette or townhouses on this piece of land of 5305sqm.
Here we have two option that you can do, development for resale or for rental.
The better option will be to develop for retirement village and keep it for a rental income.
Resale of retirement places will be at about a Million each with out agent commission.
This is a great opportunity but please be aware that this will need to be a cash deal as banks only give up to 50% loans on vacant land.
Property details
- Listing number T4842491
- Property type Residential Land
- Erf size 5 305 m²