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R 7 500 000 | land property for sale in morningside ext 40

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Property Description

At this time in terms of the SDF, 2016, a density of 20 units per hectare is achievable on the property. However, a higher density can be motivated and that the motivating factor will include the location of the site at the intersection of 2 arterial routes and, also precedent of densities of up to 50 dwelling units per hectare on both these Rd. The Property is 3907sqm in extent and so this would permit the development of anywhere between 7 and 19 dwellings units.


Property Details

Purchase Price R 7 500 000

Type of PropertyLand

Land Size3907 m2

Last Updated18 Jun 2020

Property Location

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