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This property is in West Ave Ferndale, very close to the main road of Malibongwe. It's also 100m from a proposed new shopping Centre. One stand, measuring 2006ms2 and offers an investor or developer an opportunity to erect a smaller budget development. The property is adjacent to two other stands, measuring 2009m2 and 4000m2, (total of 8000m2 by same owner) making it feasible for a developer or investor seeking a much larger return. Indications from a town planner would suggest up to 40 units could be built on the consolidation of the 3 stands. Options abound. There is an existing house on this property to generate income while zoning awaited. An awesome opportunity awaits you. Don't hesitate to call us.
Purchase Price R 8 398 999
Type of PropertyLand
Land Size2006 m2
Last Updated25 Feb 2024
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