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 6 storeys and the potential to build 60 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.
Purchase Price R 4 500 000
Building Size2607 m2
Price Per SQMR 1726 m2
Type of PropertyLand
Land Size2607 m2
Last Updated04 Mar 2024
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