2,040m² Vacant Land For Sale in Morningside

R 3,200,000

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2 months ago135 views
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General Details
For Sale By:Agency
Description
The sale of vacant land ready for building bespoke clusters along with architectural plans for 8 clusters is an exciting opportunity for developers or investors looking to create a unique and well-planned residential community. Here's a description of what such a property listing might entail:

Property Type: Vacant Land with Architectural Plans

Location: 122 Kelvin Drive, Morningside

Description:
This exceptional property presents a rare opportunity to acquire a prime piece of vacant land in the highly sought-after neighborhood of Morningside. The land is not just an empty canvas; it comes complete with comprehensive architectural plans for the construction of 8 bespoke clusters, making it an ideal investment for those looking to develop a distinctive residential community.

Key Features:

Land Size: The vacant land boasts an expansive 2040 m2 of pristine property, providing ample space for the development of 8 distinctive clusters.
Architectural Plans: Included in the sale are meticulously crafted architectural plans for 8 clusters, ensuring that the development process is efficient and streamlined. These plans are thoughtfully designed to maximize functionality, aesthetics, and space utilization, offering future homeowners a well-planned living environment.
Bespoke Cluster Concept: The term "bespoke" implies that each cluster will be uniquely designed, allowing for a touch of individuality and customization in the construction process. This concept is particularly appealing to those who appreciate personalized living spaces.
Infrastructure and Utilities: The property is typically equipped with essential infrastructure connections such as water, electricity, sewage, and road access, simplifying the development process.
Scenic Location: Situated in the prestigious Morningside area, residents will enjoy a serene and picturesque environment with easy access to nearby amenities, schools, parks, and recreational facilities.
Investment Potential: This property represents a lucrative investment opportunity for developers or investors looking to create a distinctive residential community that caters to the demands of modern living.
Development Opportunities:
The architectural plans offer a range of options for the development of these bespoke clusters. They may include various floor plans, exterior designs, and interior layouts to accommodate a diverse range of preferences, from spacious family homes to stylish urban residences.

Price: R3 500 000 negotiable.

In summary, this listing combines the allure of a vacant land parcel with the convenience of comprehensive architectural plans for 8 clusters, making it an attractive proposition for those interested in creating a unique and sophisticated residential development in the desirable location of Morningside.

Property Reference #: SND-CS00014

Agent Details:
Nikalye Oldjohn
Century21
1st Floor, Building 8, Pebble Beach Building, Inanda Greens Office Park, 54 Wierda Road West, Wier

Id Subtitle 1263675478
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Estimated monthly repaymentR 34,679
Total property loan amountR 3,200,000
Total interestR 5,122,871
Total repaymentR 8,322,871
Interest rate at 11.75% for 20 years *
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Century21
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