Prime Development Opportunity in Krugersdorp
Discover an exceptional investment prospect with this expansive 8,850m2 parcel of land, strategically located in the vibrant Krugersdorp area. Situated in close proximity to popular landmarks such as Silver Star Casino, Cradle Stone Mall, and Featherbrook Estate, this property offers an unmatched combination of convenience and growth potential.
Property Highlights:
- Zoned Residential 4: This land is primed for residential development, offering a seamless path to creating a thriving community.
- Approved for 55 Sectional Title Units: With official approval in place, the groundwork is set for you to construct up to 55 sectional title units. The design accommodates triple-story structures ranging from 62 to 86m2 each, providing flexibility and variety for future residents.
Unit Breakdown:
- Type A: 30 units distributed across 5 blocks, with 6 units per block.
- Type B: 5 units in a single block.
- Type C: 20 units spread over 5 blocks, with 4 units each.
The Site Development Plan (SDP) is fully approved, meaning this project is ready to break ground. Additionally, a cell tower located on-site provides a steady stream of income, enhancing the financial appeal of this venture. The property also includes three existing rental buildings, offering immediate revenue potential. Please note that water and electricity connections are pending, presenting an opportunity for customization to suit development needs.
The surrounding area is experiencing rapid residential growth, with increasing demand making this a prime location for new development. Opportunities like this are rare; secure your position in this high-demand area and lead the next wave of residential expansion.
This is more than just a property; it's a solid investment in a burgeoning community. Don't miss out on this golden opportunity to capitalize on Krugersdorp's dynamic real estate market. Contact us today to learn more and schedule a visit.
