R 1 200 000 | land property for sale in observatory

Property Description

Now available: 500 sqm. of Land with a 2 bedroom, 2 bathroom Cottage of 70.84sqm; plus pool which is under re-construction. Opportunities like this are rare-Observatory is a High-Value; Sought-After Suburb neighboring Houghton with plenty to offer; for Family- Living in a Community-Orientated Environment; or for Lucrative Rental-Income Investment. With breath-taking views of the Highest Point in JHB-the Observatory Ridge; this is Prime Land waiting to be developed on. Zoning falls under Residential 1 category, allowing for building Units up to 3 Floors in height. All Town Planning Approvals have been granted; negotiate costs of servitude development with seller.

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Property Details

Purchase Price R 1 200 000

Building Size65 m2

Price Per SQMR 18461 m2

Type of PropertyLand

Last Updated18 Mar 2024

Property Location

Similar Property in nearby suburbs

Agent

Abraham De Costa

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