R 4 500 000 | building property for sale in king williams town central

Property Description

It is ideally located in King Williams Town and is perfect for development offering endless opportunities. The property includes a spacious farmhouse and an additional building that can be converted into flatlets or used for storage. The property is conveniently situated next to the R346 with access and exit roads, making it ideal for developers. Municipal water and electricity are available on-site, and the Buffalo River flows alongside the farm. Both properties require maintenance and work to make them habitable. The land is currently zoned as agricultural, so rezoning will be necessary for development. Additionally, there is a 3032m² vacant land zoned as Residential Zone 3. This land is on the outskirts of the urbanized area of King Williams Town and has direct access from the R346. This is an excellent opportunity for development. If you are VAT registered, you can apply for zero-rating. Call us to view!


Property Details

Purchase Price R 4 500 000

Building Size850 m2

Price Per SQMR 5294 m2

Type of PropertyBuilding

ZoningCommercial

Land Size8 m2

Last Updated21 Feb 2024

Property Location

Agent

Justin Price

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