Vacant Land / Plot for Sale in Die Hoewes

Prime Development Opportunity – Residential 2 Zoned Land for Sale An exceptional investment opportunity offering two adjoining freehold stands measuring 9 261m2 and 742m2, to be sold together as one consolidated development opportunity. This property is ideally suited for developers and investors seeking a residential project with strong yield potential. Development Potential • Zoned Residential 02 • 2 Storeys permitted • 25 dwelling units per hectare • Approximately 17 possible units (not yet subdivided) • Sold as ONE stand • As far as possible, 70% of units to allow extension to: o 3 Bedrooms o 2 Bathrooms o 2 Garages o 1 Covered parking o 1 Open parking The property enjoys a right of way / servitude from Glover Avenue, offering convenient access. Servitude Conditions The erf is subject to: • A 2-metre-wide servitude in favour of the local authority for sewerage and municipal purposes along any two boundaries other than a street boundary. • In the case of a panhandle erf, an additional 2-metre-wide servitude across the access portion for municipal purposes. The monthly municipal costs consist of property rates of R3 958.87 and waste removal of R388.74, which amounts to a total of R4 347.61 and on the second erf the property rates are a amount of R29.61. The total monthly amount for both erven combined therefore amounts to R4 377.22. This is a rare opportunity to secure a well-positioned development site with excellent potential in a high-demand residential area. Serious investors and developers – contact us today for detailed information and feasibility discussions.