1 631 m² Land available in Nimrod Park
Attention Developers! Invest in a prime development property located in the heart of Kempton Park. This property is perfectly suited for Residential 4 Development, with a height restriction of 3 storeys and the potential to build 41 units. The Ekurhuleni contributions have already been paid, meaning you can start building immediately. The area is in high demand for rentals, providing a huge income potential. You can choose to rent out the units or sell them separately, making it a highly flexible investment. Soil report available.
This is a VAT-registered transaction, and the price includes VAT already. All services have been paid for, so you can start your project immediately. With a FAR of 1.2 and 60% coverage, you have plenty of room to work with. The property is surrounded by high-density areas, schools, and shops, making it the perfect location for a suburban type of development. Don''t wait any longer, take advantage of this fantastic investment opportunity today. Contact us now to arrange a viewing and secure your future in property development.
Property details
- Listing number T4734856
- Property type Residential Land
- Listing date 2 Aug 2024
- Land size 1 631 m²
- Rates and taxes R 2 400