Residential Redevelopment Opportunity

Property Details

Excellent residential redevelopment opportunity in sought after node of N’dabeni. Ideally positioned with easy access to N1 and N2 Highways, M5 Freeway and all other major arterial roads, as well as the new Riverlands precinct, accessible from the new Berkley Road extension. The site currently comprises 2 adjoining erven with improvements as pictured. The erven have been consolidated. Site development plans have been approved for an apartment block comprising 42 Apartments (39 x 2bed; 3 x 1 bed), with 42 Parking Bays. Final plans will need to be submitted to council as a formality but the approved site development plans have already been through planning; traffic; zoning, etc. and approved demolition certificates are already in place. The site is surrounded by several other smaller blocks of flats and is located in a highly sought after, central node popular for residential accommodation.