R 15 000 000
calculate bond costs

1.5 ha Land available in Faerie Glen

1.5 ha

Prime 1.43 ha Development Opportunity[removed] Ideal for Investors and Developers

This rare 1.43-hectare property is a prime investment opportunity for developers and investors seeking exceptional potential. Located in a highly desirable area perfect for residential development, this property features two houseseach with a pool (one indoors)and four fully rented flats, providing immediate rental income.

The lands true value lies in its expansive space and strategic location, enhanced by access to natural water sources including a borehole and spring. The property is already well-positioned for development, with applications for Consent Use as a Place of Instruction underway and critical reports on stormwater management, construction feasibility, and traffic impact completed.

Situated near key amenities like the Dischem Centre and M&T Business Park, this property combines convenience with unmatched potential for growth. Dont miss out on this unique opportunity to develop in a sought-after area with significant return prospects. Act now to secure this valuable asset!

Property details

  • Listing number T4762725
  • Property type Residential Land
  • Listing date 26 Aug 2024
  • Land size 1.5 ha
  • Rates and taxes R 2 500

Photo gallery

Video