2 453 m² Land available in Faerie Glen

New development opportunity with approved for a RES 4 development

New development opportunity with approved for a RES 4 development

R12 450 000.00 VAT not Applicable, transfer duty payable by the purchaser

New development with approved RES 4 zoning

An attractive proposition in a prime location!

This is a great opportunity for developers, approved with a Residential 4 Zoning in Faerie Glen.

This development offers 44 flats in a 4-story building, with 59 parking bays, the buildable area is 2453 sqm.

A 250 GB fibre line runs to the site.

There is a borehole on Erf 195 which can be utilized in the development.

The developer can change the layout to his own needs, to a 3-story building with 33 flats for more upmarket development that will result the bulk services account to be less.

Please contact me for more information.