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Investment Opportunity !! Approved plans!!
R 5,000,000
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General Details
Location:
For Sale By:Agency
Description
This property is situated in Edenburg, which includes the Rivonia extensions, is located north of the Johannesburg city Centre. It has transformed into a prosperous business and residential area, situated near the thriving business hub of Sandton. This property has been granted Zone 3 planning rights which has been approved, allowing it to be developed with three stories and basement parking for 21 units, including single and two-bedroom options. This presents an excellent investment opportunity for investors.
Here are some details about the schools, malls, recreational and medical facilities in the area:
Schools:
- Rivonia Primary School, located in the neighboring suburb of Rivonia, is a highly regarded public school.
- Curro Rivonia High is an affordable private school situated in the immediate vicinity.
- Redhill is a large private school in nearby Morningside, offering education for children in pre-primary, primary, and high school levels.
Medical facilities:
- Netcare Sunninghill Hospital and Mediclinic Morningside are private hospitals in close proximity to Edenburg
- The Sandton Day Clinic is also conveniently located nearby.
- Additionally, there are numerous private offices for doctors, dentists, physiotherapists, aestheticians, and other medical professionals in the area.
Shopping centers and malls as well as Restaurants and cafes in the surrounding areas:
- Edenburg and the surrounding suburbs offer a wide range of dining options. Some popular restaurants and cafes in the area include The Baron, Fego Caffé, Plaka, Nino’s, Mythos, Papachinos, and Mugg & Bean. These establishments offer a variety of cuisines and cater to different tastes.
Recreational activities in the area:
- There are several recreational activities to enjoy in and around Edenburg. Residents can visit local parks such as George Lea Park or Bryanston Organic & Natural Market. For fitness enthusiasts, there are gyms and fitness centres nearby. Golf lovers can also find various golf courses in the area, such as Bryanston Country Club and Morningside Country Club.
Transportation options in the area:
- There are several transportation options available in and around Edenburg. Residents can use public transport such as buses and taxis, or they can rely on ride-hailing services like Uber or Bolt.
Here are plenty of exciting activities to do in Edenburg:
- Take a tour of Liliesleaf farm, which played a significant role in the Freedom Fighters movement. It's recommended to book your tour in advance.
- Visit the Country Club of Johannesburg, which offers two championship golf courses. The Woodmead course is shorter than the Rockland course.
- Enjoy outdoor activities like hockey, bowls, and tennis at Morningside Country Club. It's a great place for people of all ages to have fun.
- Explore Mushroom Park, now known as Hyundai Sky Park, located on Pretoria Avenue. This urban park is just a short 10-minute drive away and offers open spaces, a play area for kids, and an ...
Property Reference #: RL6011
Agent Details:
Meryl Moodley
Mandated Property Group
Thornhill Office Park
Building 10
84 Bekker Rd
Vorna Valley
Midrand
1686
Here are some details about the schools, malls, recreational and medical facilities in the area:
Schools:
- Rivonia Primary School, located in the neighboring suburb of Rivonia, is a highly regarded public school.
- Curro Rivonia High is an affordable private school situated in the immediate vicinity.
- Redhill is a large private school in nearby Morningside, offering education for children in pre-primary, primary, and high school levels.
Medical facilities:
- Netcare Sunninghill Hospital and Mediclinic Morningside are private hospitals in close proximity to Edenburg
- The Sandton Day Clinic is also conveniently located nearby.
- Additionally, there are numerous private offices for doctors, dentists, physiotherapists, aestheticians, and other medical professionals in the area.
Shopping centers and malls as well as Restaurants and cafes in the surrounding areas:
- Edenburg and the surrounding suburbs offer a wide range of dining options. Some popular restaurants and cafes in the area include The Baron, Fego Caffé, Plaka, Nino’s, Mythos, Papachinos, and Mugg & Bean. These establishments offer a variety of cuisines and cater to different tastes.
Recreational activities in the area:
- There are several recreational activities to enjoy in and around Edenburg. Residents can visit local parks such as George Lea Park or Bryanston Organic & Natural Market. For fitness enthusiasts, there are gyms and fitness centres nearby. Golf lovers can also find various golf courses in the area, such as Bryanston Country Club and Morningside Country Club.
Transportation options in the area:
- There are several transportation options available in and around Edenburg. Residents can use public transport such as buses and taxis, or they can rely on ride-hailing services like Uber or Bolt.
Here are plenty of exciting activities to do in Edenburg:
- Take a tour of Liliesleaf farm, which played a significant role in the Freedom Fighters movement. It's recommended to book your tour in advance.
- Visit the Country Club of Johannesburg, which offers two championship golf courses. The Woodmead course is shorter than the Rockland course.
- Enjoy outdoor activities like hockey, bowls, and tennis at Morningside Country Club. It's a great place for people of all ages to have fun.
- Explore Mushroom Park, now known as Hyundai Sky Park, located on Pretoria Avenue. This urban park is just a short 10-minute drive away and offers open spaces, a play area for kids, and an ...
Property Reference #: RL6011
Agent Details:
Meryl Moodley
Mandated Property Group
Thornhill Office Park
Building 10
84 Bekker Rd
Vorna Valley
Midrand
1686
Id Subtitle 1269926335
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Estimated monthly repaymentR 54,186
Total property loan amountR 5,000,000
Total interestR 8,004,485
Total repaymentR 13,004,485
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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