Rare Opportunity for Serious Developers
We present to you an exceptional opportunity for development that demands your attention. This property has been rezoned and the requisite contributions have been paid, thereby eliminating any time-consuming hurdles. This offering comprises five stands that can be utilized for a simplex/duplex development project.
The coverage of the property is 40%, with a floor area ratio (FAR) of 0.6. The property currently hosts two units that offer a steady rental income. The lease agreement allows for a two-month notice period once you are ready to begin the construction process or prior to registration.
This property is located in an exceptional area that is coveted by many. The significance of this location cannot be overstated, and therefore, we urge you not to overlook this outstanding opportunity.
+27 (0)82 578 3672
+27 (0)11 867 7496
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mandy-lee@jjps.co.za
mandy-lee@jjps.co.za
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