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Build Your Own Masterpiece or request existing plans for a triple storey marvel
R 595,000
Can I afford this?3 Photo(s)
12 days ago31 views
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General Details
Location:
For Sale By:Agency
Description
Nestled in the tranquil town of Verulam, this unique piece of property offers an exciting investment opportunity that combines serene surroundings with the promise of future development. Situated below road level, this undeveloped parcel of land spans a generous area and holds great potential for those with a vision.
The property is a blank canvas with endless possibilities. Currently, there are plans available for the construction of apartments, offering a turnkey solution for developers eager to tap into the burgeoning housing market. However, the versatility of this property allows for a variety of potential uses, making it equally appealing for entrepreneurs looking to establish a business in an idyllic setting.
One of the standout features of this property is its foundation, already in place. This not only saves time and resources for anyone embarking on a construction project but also provides a stable base for the development of apartments. The foundation ensures that the property is ready to bring your vision to life without any significant delays.
The area surrounding the property is a key selling point. It exudes a sense of peace and tranquility, making it an attractive option for those who appreciate a quieter, more laid-back environment. Verulam, a town known for its friendly community and close-knit atmosphere, offers residents a respite from the hustle and bustle of city life. The property's location below road level enhances this sense of serenity, as it is shielded from the noise and distractions of passing traffic, allowing for a more peaceful and focused environment.
Despite its secluded ambiance, the property is conveniently positioned not far from the R102, a major road that provides easy access to nearby amenities, services, and transport routes. This connectivity to essential infrastructure ensures that residents or businesses established on the property can enjoy the benefits of both a tranquil lifestyle and access to the broader community.
This property is tailor-made for the opportunistic businessman or businesswoman who recognizes the potential for growth and development. Whether you choose to proceed with the existing plans for apartments or have a unique vision for its use, this piece of land is ready to accommodate your aspirations. The peaceful surroundings, the foundation in place, and its accessibility via the R102 make it a well-rounded investment opportunity.
Property Reference #: 7002001-44208
Agent Details:
Zaheera Ally
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
The property is a blank canvas with endless possibilities. Currently, there are plans available for the construction of apartments, offering a turnkey solution for developers eager to tap into the burgeoning housing market. However, the versatility of this property allows for a variety of potential uses, making it equally appealing for entrepreneurs looking to establish a business in an idyllic setting.
One of the standout features of this property is its foundation, already in place. This not only saves time and resources for anyone embarking on a construction project but also provides a stable base for the development of apartments. The foundation ensures that the property is ready to bring your vision to life without any significant delays.
The area surrounding the property is a key selling point. It exudes a sense of peace and tranquility, making it an attractive option for those who appreciate a quieter, more laid-back environment. Verulam, a town known for its friendly community and close-knit atmosphere, offers residents a respite from the hustle and bustle of city life. The property's location below road level enhances this sense of serenity, as it is shielded from the noise and distractions of passing traffic, allowing for a more peaceful and focused environment.
Despite its secluded ambiance, the property is conveniently positioned not far from the R102, a major road that provides easy access to nearby amenities, services, and transport routes. This connectivity to essential infrastructure ensures that residents or businesses established on the property can enjoy the benefits of both a tranquil lifestyle and access to the broader community.
This property is tailor-made for the opportunistic businessman or businesswoman who recognizes the potential for growth and development. Whether you choose to proceed with the existing plans for apartments or have a unique vision for its use, this piece of land is ready to accommodate your aspirations. The peaceful surroundings, the foundation in place, and its accessibility via the R102 make it a well-rounded investment opportunity.
Property Reference #: 7002001-44208
Agent Details:
Zaheera Ally
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274206585
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Estimated monthly repaymentR 6,449
Total property loan amountR 595,000
Total interestR 952,534
Total repaymentR 1,547,534
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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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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