R 1 200 000 | land property for sale in observatory

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.

Available from 01 Sep 2024.