R4,495,000

R4,495,000

5 Bedroom House For Sale in North Riding
5
Bedrooms
2
Bathrooms
2
Garages
Private Sale
Thandi Mulaudzi

Plot of land with endless possibilities

Web Ref. 2209149
Land size 8569.00 m²
Monthly Bond Repayment
R47,164.05
Introducing a lucrative opportunity on a vast plot of land with endless possibilities. This expansive property has the potential to be zoned for residential use, offering two options for development. With the res 3 zoning, the land can accommodate an impressive 102 units. Alternatively, opting for res 2 zoning would still allow for the construction of 68 units.

Currently, there are two existing houses on the property. The first house offers two bedrooms, a spacious lounge, a well-equipped kitchen, and a full bathroom complete with both a shower and a bath. The second house boasts three bedrooms, lounge kitchen abs and bathroom These houses are conveniently connected and can easily be transformed into one large home, featuring a total of five bedrooms.

This remarkable property presents a multitude of opportunities for potential buyers. Whether you are an investor looking to capitalize on the land's potential or seeking to create your dream home on a generous piece of land, this property offers abundant possibilities. Don't miss out on the tremendous potential that awaits on this expansive plot.

Features

Interior
5 Bedrooms
2 Bathrooms
3 Lounges
Exterior
2 Garages
Pet Friendly
Security
Sizes
Land Size 8,569 m²
Listing Info
Date Listed 16-01-24
Time Listed 10:52

North Riding, Randburg

Investing in property in the Johannesburg municipality of Randburg offers a variety of features and benefits that make it an attractive option for buyers and investors:Prime Location: Randburg is centrally located in Johannesburg, providing easy access to major business districts, shopping centres, and entertainment hubs. Its proximity to key areas such as Sandton, Rosebank, and the Johannesburg CBD makes it a highly convenient place to live and work.Diverse Property Market: Randburg offers a wide range of property types, from affordable apartments and townhouses to luxurious family homes and estates. This diversity caters to different budget levels and investment goals, making it suitable for first-time buyers, families, and...
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Finance

Total Amount Repayable
R0,00
Monthly Repayment
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