Residential Investment Opportunity in Weltevreden Park Roodepoort

R 4,800,000

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27 days ago40 views
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For Sale By:Agency
Looking for the perfect Investment opportunity, we’ve got you covered!!!

Welcome to the charming and established suburb oasis of Weltevreden Park in Roodepoort. This tranquil neighbourhood boasts towering trees and lush greenery, creating a peaceful and serene environment where nature thrives. And now, you have the opportunity to invest in this beautiful area with this incredible property.

Located in a cul-de-sac in upper Weltevreden Park, this 2135sqm residential property extends over two plots, providing ample space for development. The property has undergone extensive refurbishment and transformation, making it the perfect canvas for your investment dreams.

What's more, it is Res2 approved (zoned) with principal approval for Res3, giving you the option to build up to 6 units on the land.

The existing modern 4-bedroom house on the property is approximately 250sqm and has an easy open floor plan. This means that you can easily add another three storeys to the house, maximizing the potential of this prime location. Imagine the stunning views you could have from the top floors of your new development!

Not only does this property have great potential for development, but it is also conveniently located near top schools, the Unisa Campus, shopping centres, and other amenities. This makes it an ideal location for families and young professionals looking for a peaceful and convenient place to call home. And with easy access to major transport routes, getting around the city will be a breeze.

But perhaps the most exciting aspect of this property is the rare opportunity it presents. With the rapid growth rate of the area, investing in this property could be a smart and profitable decision. The demand for housing in Weltevreden Park is on the rise, and this property offers the perfect opportunity to capitalize on that demand.

Don't miss out on this once-in-a-lifetime investment opportunity. With its prime location, ample space for development, and Res2 and principal Res3 approval, this property is a dream investment waiting to become a reality. Don't wait any longer, make your move and secure your future in the sought-after suburb of Weltevreden Park.

Contact us today to schedule a viewing and see for yourself the potential that this property holds!

Property Reference #: 202402-14161

Agent Details:
Vivienne King
Nellie van Staden Realtors
90 Korannaberg Road, Waterkloof Heights, Pretoria, 0065

Id Subtitle 1279844225
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Purchase price
Deposit amount
Interest rate
No. of years
Estimated monthly repaymentR 52,018
Total property loan amountR 4,800,000
Total interestR 7,684,306
Total repaymentR 12,484,306
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.
Nellie van Staden Realtors
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