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Prime Land for Sale in Carlswald - Res 2 Zoning in process
R 13,900,000
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24 days ago55 views
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General Details
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For Sale By:Agency
Description
We are pleased to present a prime developmental land opportunity located in an exceptional location, spanning 2.4 hectares. Township plans have been submitted to council for Res 2 zoning (20 dwelling units per Ha, 50% FAR, 3 Storeys).
This expansive property offers tremendous potential for a wide range of development projects.
Situated in a highly sought-after area, the land is ideally positioned to capitalize on its strategic location and high visibility. It boasts excellent connectivity to major transportation routes, making it easily accessible to residents, businesses, and visitors alike. The surrounding infrastructure is well-developed, with essential amenities, schools, hospitals, and shopping centers in close proximity.
The land's generous size of 2.4 hectares provides ample space for diverse development possibilities. This substantial area allows for the creation of a mixed-use development, encompassing residential, commercial, and recreational components. Alternatively, it can be utilized for a specific purpose, such as a luxury residential complex, a commercial center, or even an educational institution.
The property benefits from its prime location, which attracts a significant amount of foot traffic and offers a favorable demographic profile. This location ensures a steady flow of potential customers, making it an attractive proposition for businesses seeking to establish a presence in a thriving area.
Furthermore, the land presents an opportunity to incorporate sustainable and environmentally friendly design principles into the development. Implementing green spaces, energy-efficient systems, and eco-friendly features can enhance the appeal of the project to both investors and end-users.
Given the scarcity of large land parcels in prime locations, this 2.4-hectare property represents a valuable investment opportunity. Its versatility, excellent connectivity, and favorable surroundings provide a solid foundation for a successful development venture. The potential returns, combined with the favorable market conditions in the area, make this land a highly attractive prospect for developers seeking to create a remarkable project in a prime location.
Rates And Taxes: 12784
Property Reference #: 217
Agent Details:
Danyelle Maduray
MID Properties
30 Albertyn Street, Vorna Valley, Midrand,1686
This expansive property offers tremendous potential for a wide range of development projects.
Situated in a highly sought-after area, the land is ideally positioned to capitalize on its strategic location and high visibility. It boasts excellent connectivity to major transportation routes, making it easily accessible to residents, businesses, and visitors alike. The surrounding infrastructure is well-developed, with essential amenities, schools, hospitals, and shopping centers in close proximity.
The land's generous size of 2.4 hectares provides ample space for diverse development possibilities. This substantial area allows for the creation of a mixed-use development, encompassing residential, commercial, and recreational components. Alternatively, it can be utilized for a specific purpose, such as a luxury residential complex, a commercial center, or even an educational institution.
The property benefits from its prime location, which attracts a significant amount of foot traffic and offers a favorable demographic profile. This location ensures a steady flow of potential customers, making it an attractive proposition for businesses seeking to establish a presence in a thriving area.
Furthermore, the land presents an opportunity to incorporate sustainable and environmentally friendly design principles into the development. Implementing green spaces, energy-efficient systems, and eco-friendly features can enhance the appeal of the project to both investors and end-users.
Given the scarcity of large land parcels in prime locations, this 2.4-hectare property represents a valuable investment opportunity. Its versatility, excellent connectivity, and favorable surroundings provide a solid foundation for a successful development venture. The potential returns, combined with the favorable market conditions in the area, make this land a highly attractive prospect for developers seeking to create a remarkable project in a prime location.
Rates And Taxes: 12784
Property Reference #: 217
Agent Details:
Danyelle Maduray
MID Properties
30 Albertyn Street, Vorna Valley, Midrand,1686
Id Subtitle 1272208976
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Estimated monthly repaymentR 150,636
Total property loan amountR 13,900,000
Total interestR 22,252,468
Total repaymentR 36,152,468
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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Selling for 1 year
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