Price quoted above excludes VAT. The Seller is a VAT Vendor and this transaction will attract VAT unless SARS deems the transaction to be a zero-rated transaction. Inclusive price R6,375,000-00!! Owner is open for reasonable negotiations on price!
This is more than just vacant land; it’s a well-positioned, meticulously prepared development opportunity in an area where demand is high and growth potential is strong. Secure this site and bring to life a new residential haven in the heart of Middelburg South. A remarkable opportunity awaits in Middelburg South with this prime piece of vacant land, perfectly suited for residential development. Zoned Residential 3, this property is primed for the construction of 18 single-storey townhouses, offering a mix of one- and two-bedroom units. With proposed building plans already in place, this site is ready to become a thriving residential community.
Key to the appeal of this development is the substantial groundwork already completed. The site has been fully leveled, ensuring a smooth start to construction, and is secured by brand-new brick boundary walls, complete with a gated entrance. This meticulous preparation not only saves time but also enhances the value and security of the property.
Adding to the appeal, bulk services fees totaling R500,000 have already been paid, further simplifying the development process and reducing upfront costs. The investment in these essential services underscores the readiness of this site to transition quickly from plans to reality.
Located in a well-established neighborhood, this property benefits from being in a street where residential complexes enjoy full occupancy—testament to the desirability of the area. With contented homeowners and long-term residents, future developments here are set to thrive in a community atmosphere.
Don't delay, Call #1 Choice for your big dreams!!
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