8 Bed House in Waterkloof Glen

Prime Development Opportunity in Waterkloof Glen

A golden opportunity awaits developers with this prime stand in Waterkloof Glen. Spanning an impressive 2728 sqm, the property currently houses two full-title homes and is awaiting final approval to be transformed into a modern residential complex with 24 or 32 sectional title units under the residential L4 zoning.

Key Features:

- Size: A spacious 2728 sqm stand.

- Housing: Two full-title homes presently situated on the property.

- Development Potential: Awaiting final approval for the development of 24 or 32 sectional title units, accentuating its

high potential for a considerable return on investment.

- Zoning: Residential L4 zoning, ideal for modern residential complexes.

- Income Potential: The existing homes are currently rented out. This presents a unique opportunity to earn rental

income while the final approval for development is pending.

- Location: The property boasts a prime location in Waterkloof Glen, a sought-after area. It is conveniently close to

two major shopping centres: Menlyn Maine and Menlyn, ensuring future residents will have easy access to

shopping, dining, entertainment, top schools as well as easy access to main roads.

Opportunity:

This is not just a property it''s an opportunity to craft a modern residential space in one of the most sought-after locations. With rental income flowing in and the potential for a lucrative development project on the horizon, this is an unparalleled chance for forward-thinking developers to capitalize on.

Conclusion:

Prime location, significant development potential, and an ongoing source of rental income this property ticks all the boxes for an astute developer. Seize this rare chance in Waterkloof Glen and envision a future residential haven that residents will be eager to call home.

Don''t miss out on this unique development prospect! Contact us today for further details and to arrange a viewing.