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100 Res 2 stands for sale in Vosloorus

R 4,500,000

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2 months ago134 views
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General Details
Location:
For Sale By:Agency
Description
For prospective developers seeking prime land opportunities in Vosloorus, Ekurhuleni, a parcel of land zoned Residential 2 presents a compelling investment. Located within an established urban area, this development land offers strategic positioning amidst existing infrastructure and amenities, ideal for residential development projects. Situated conveniently with all essential services already accessible at the boundary, including water, electricity, and sewage connections, it minimizes initial development costs and timelines. The zoning classification of Residential 2 permits a range of residential building types, ensuring flexibility to cater to various housing demands, from single-family homes to multi-unit developments.

Prospective purchasers should note that while all necessary services are conveniently available at the site boundary, there is a requirement to cover outstanding bulk contributions. This financial responsibility, typical in such developments, contributes towards community infrastructure enhancements and is a standard aspect of the acquisition process. With favorable zoning, strategic location within Vosloorus' developed area, and comprehensive service accessibility, this offering presents a rare opportunity for developers looking to capitalize on the growing demand for quality residential housing in Ekurhuleni. Potential investors are encouraged to act swiftly to secure this prime piece of development land and capitalize on its full potential within the vibrant Vosloorus community.
Zoning - Res 2
100 sub-divided stands, Average size 250m².
Proclaimed, not serviced.
Bulk contributions will be payable.
315 kVA minisub already on the site.

Property Reference #: 959

Agent Details:
Nigel Williamson
SA Land
92 Indaba Lane,Rietfontein,Muldersdrift,1747
Roodepoort

Id Subtitle 1289892682
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Estimated monthly repaymentR 48,767
Total property loan amountR 4,500,000
Total interestR 7,204,037
Total repaymentR 11,704,037
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