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R 2 620 000 | land property for sale in sterpark

Property Description

This 2142 square meter vacant stand is situated in a prime location, making it an excellent investment opportunity. The property has been rezoned, allowing for the construction of nine residential units. The strategic rezoning enhances the land's value and provides a versatile option for development. Its prime location adds to its appeal, offering convenient access to various amenities and schools in the vicinity. Whether it's shopping centers, recreational facilities, or educational institutions, residents of the future development will find everything they need within close proximity. The expansive size of the stand provides ample space for the planned nine units, allowing for creative and functional designs. Developers and investors can capitalize on the rezoning to create a well-designed and aesthetically pleasing residential complex. Given the proximity to schools, families will appreciate the convenience of having educational institutions nearby, reducing commuting time for students. This can be a significant selling point for potential residents, making the property an attractive option for families with school-going children. In summary, this 2142m2 vacant stand in a prime location, rezoned for nine units, offers a lucrative development opportunity. Its close proximity to amenities and schools enhances its appeal for potential residents, making it an ideal investment for developers and investors alike.


Property Details

Purchase Price R 2 620 000

Type of PropertyLand

Monthly Rates1200

Land Size2141 m2

Last Updated27 Feb 2024

Property Location

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