R 4 500 000
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1 631 m² Land available in Nimrod Park

1 631 m²

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

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