Web Ref DPR26838
R1,000,000
Monthly Bond Repayment R9,983.79
Calculated over 20 years at 10.5% with no deposit.
Change Assumptions
Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter
Monthly Rates
R1,300
R1,300
Prime land next to R59 with Potential
This 8,770-square-meter vacant stand presents an exciting opportunity for investors, developers, and buyers seeking a property with excellent future potential. Ideally situated just off the R59 highway, the property enjoys convenient access to a major transport route, connecting it efficiently to surrounding suburbs, commercial areas, and regional economic hubs. The stand is currently zoned Residential, making it suitable for residential development in accordance with the existing zoning and applicable municipal requirements. Buyers considering a business, commercial, industrial, warehousing, storage, or other non-residential use will need to apply for formal rezoning to Business or another appropriate zoning category. Any proposed development remains subject to municipal approval, planning requirements, building regulations, and all relevant statutory processes.
The generous 8,770m² land size provides flexibility for various development concepts and allows purchasers to explore opportunities that align with the property's location and zoning potential. An added advantage is the availability of several neighbouring vacant stands in the area, creating an opportunity for investors or developers to investigate the possibility of acquiring adjoining properties and creating a larger development footprint, subject to availability, negotiations, and separate agreements. Whether considered for future residential development, land consolidation, or a longer-term investment strategy, this property offers scope for growth. Its substantial size, strategic positioning near the R59, and surrounding development potential make it an attractive proposition for forward-thinking buyers. Prospective purchasers are encouraged to conduct independent due diligence regarding zoning, rezoning feasibility, municipal requirements, services, access, and all necessary approvals before proceeding with any development plans.
The generous 8,770m² land size provides flexibility for various development concepts and allows purchasers to explore opportunities that align with the property's location and zoning potential. An added advantage is the availability of several neighbouring vacant stands in the area, creating an opportunity for investors or developers to investigate the possibility of acquiring adjoining properties and creating a larger development footprint, subject to availability, negotiations, and separate agreements. Whether considered for future residential development, land consolidation, or a longer-term investment strategy, this property offers scope for growth. Its substantial size, strategic positioning near the R59, and surrounding development potential make it an attractive proposition for forward-thinking buyers. Prospective purchasers are encouraged to conduct independent due diligence regarding zoning, rezoning feasibility, municipal requirements, services, access, and all necessary approvals before proceeding with any development plans.
