This exceptional development opportunity is situated in Nasrec Extension 8, on the farm Vierfontein No. 753-IQ. The property offers a substantial gross area of approximately 7.9374 hectares, with a net area of 6.8983 hectares and a net saleable area of approximately 6.2771 hectares.
The property is zoned for Residential 3, with special provision for access purposes, making it ideally suited for residential development. The zoning allows for a 40% coverage on Erven 47–48 and 10% coverage on Erf 49, with a permitted height of up to 3 storeys on Erven 47–48 and 1 storey on Erf 49.
With a FAR of 0.6 for Erven 47–48 and 0.1 for Erf 49, together with a density allowance of 60 dwelling units per hectare, this property presents an excellent opportunity for developers looking to undertake a sizeable residential project in the Nasrec area.
Parking and building lines are as per scheme, while conditions of establishment are available. Servitudes are to be referred to on the relevant map.
An ideal opportunity for developers and investors seeking a large-scale residential development site with strong development potential. Contact us today for further information or to arrange a viewing.