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Prime 1.1411 ha land suited for Development
R 6,500,000
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Description
Prime Development Opportunity in Rynfield
Location: Rynfield, situated on a bustling road near schools, hospitals, and essential amenities.
Property Details:
Extent: 1.1411 hectares of prime land.
Existing Structures: Main house with 2 additional flatlets.
Development Potential: Municipality has granted application for Township establishment, indicating potential for expansion.
Zoning: Currently zoned for higher density residential development, offering lucrative prospects.
Additional Feature: Borehole onsite (equipment not included in sale).
Ideal for Investors and Developers:
This property presents a rare opportunity for investors and developers to capitalize on the burgeoning demand for residential developments in the area. With its strategic location and ample land size, the possibilities for expansion and profit are endless.
All Documentation available.
Town Planner: Pieter Botha
Contact us today to seize this lucrative investment opportunity!
Property Reference #: 6340359
Agent Details:
Bronwyn Agrela
Kingstons Real Estate
Corner of Dalrymple and Fourteenth Ave,
Northmead,
Benoni,
1501
Location: Rynfield, situated on a bustling road near schools, hospitals, and essential amenities.
Property Details:
Extent: 1.1411 hectares of prime land.
Existing Structures: Main house with 2 additional flatlets.
Development Potential: Municipality has granted application for Township establishment, indicating potential for expansion.
Zoning: Currently zoned for higher density residential development, offering lucrative prospects.
Additional Feature: Borehole onsite (equipment not included in sale).
Ideal for Investors and Developers:
This property presents a rare opportunity for investors and developers to capitalize on the burgeoning demand for residential developments in the area. With its strategic location and ample land size, the possibilities for expansion and profit are endless.
All Documentation available.
Town Planner: Pieter Botha
Contact us today to seize this lucrative investment opportunity!
Property Reference #: 6340359
Agent Details:
Bronwyn Agrela
Kingstons Real Estate
Corner of Dalrymple and Fourteenth Ave,
Northmead,
Benoni,
1501
Id Subtitle 1264397194
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Estimated monthly repaymentR 70,441
Total property loan amountR 6,500,000
Total interestR 10,405,831
Total repaymentR 16,905,831
Interest rate at 11.75% for 20 years *
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Kingstons Real Estate
Selling for 3+ years
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