R4,500,000

R4,500,000

9 Bedroom Freehold For Sale in Sandown
9
Bedrooms
7
Bathrooms
Marc Kablan

Investment Property or Ideal Stand size for Development - 2 in One - in Sandown

Web Ref. 2231529
Land size 1866.00 m²
Monthly Bond Repayment
R47,216.52
Introducing an exceptional investment opportunity in the sought-after Sandown area!
This property boasts 7 dwellings featuring a total of 9 bedrooms, generating an impressive monthly income of R39,000.00.
Situated on a spacious 1,866m2 L-shaped stand, this property also holds great potential for residential development.

Developers, take note! Adjacent to this stand is a 4,000m2 lot that has already been rezoned, presenting a prime opportunity for expansion and growth.
The initial development plan includes 6 duplex units, with the stand itself zoned for 9 units spanning 2 storeys each.
With a total combined area of 5,866m2, including the rezoned lot, the possibilities for development are vast.

This property is primed and ready for construction, offering a blank canvas for your residential development vision.
Whether you choose to pursue the existing plan or craft your own unique project, the choice is yours.
Each stand is priced individually to accommodate various investment strategies and preferences.

Don't miss out on this exclusive opportunity to explore the potential of this property.
Contact us today to schedule a meeting and discover how this investment can elevate your portfolio.
Reach out now to secure your chance to shape the future of this promising development site.
Monthly Rates R3,400

Features

Interior
9 Bedrooms
7 Bathrooms
6 Lounges
Exterior
Pet Friendly
Security
Sizes
Land Size 1,866 m²
Listing Info
Date Listed 10-04-24
Time Listed 11:58

Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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