An attractive business proposition
A 2000 sqm property consisting of 5 living units, each with a large, independent, settled garden:
1 - 3 bed 2 x bathroom
1 - 3bed 1 x bathroom (with wendy house and own bathroom)
3 - 2bed 1 x bathroom units
5 rental contracts with income over r30 000/m
Complex zoned for at least 10 x- 2 storey accommodation
7 x carports; large trees, spacious bedrooms and living areas.
Each with prepaid water and electricity meters
Borders on a fully developed 12 unit living complex
Eastvale/modder east is an attractive suburb with upper middle-class houses; nearby petrol station; 3x large shopping centres; school; children play ground and 3 churches
Eastvale has also 6 developed living complexes and is 5minutes away from jhb /witbank n2
highway.
Perfect opportunity for a serious developer - already zoned !!! 5 income producing flats currently on the property
Discover a unique opportunity with this expansive plot of land for sale, strategically located in a flourishing neighbourhood. This plot comes with comprehensive development plans already in place, offering a seamless transition to your vision for growth.
Currently, the plot boasts five fully tenanted houses, generating steady rental income, making it an attractive investment from day one. Each house is meticulously maintained and contributes to a reliable cash flow stream.
There are development plans included. As well as you have the assurance that you can immediately capitalize on the existing rental income while advancing your development goals without delays.
Key features:
• income potential: five well-maintained houses with established tenants ensure immediate rental income.
• development ready: approved plans for further development offer a clear path to expanding the property’s value.
Whether you’re looking to expand your rental portfolio or embark on a new development project, this plot offers a compelling proposition. Don’t miss out on this rare opportunity to secure a prime plot with income-generating potential and future development prospects.
This is the perfect opportunity for serious developers. The property is situated on a good tarred road and adjacent to another development next door.
The property will be perfect for full title or sectional title residential development.
The property is close to many other residential developments as well as shopping centres, schools, churches and highways.
You can now put your personal stamp on the development and take the application to completion and develop it to your personal preferences.
Please call me for further information and a private viewing!!
Call to arrange your private viewing now!
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