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.
