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R 2 798 999 | land property for sale in ferndale

Property Description

Investors/Developers - MULTI LETS - 4000m STAND TO REZONE Around R2.4m will be considered. Rezoning can be done to allow for 40 sectional title units or for 12 to 15 cluster units. invest in this multi - let property earn an ample income while rezoning takes place. 3 bedroom home and 6 x 1 bedroom, 1 bathroom cottages. A rezoning application will be required to increase the residential density and will take approximately 12 months from date of submission to the Local Authority. The density, F.A.R. and coverage can be proposed in the rezoning application. Schedule viewing now!


Property Details

Purchase Price R 2 798 999

Type of PropertyLand

Land Size4015 m2

Last Updated22 Feb 2024

Property Location

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