The Ultimate Opportunity for Developers: Acquire land in a successful estate that has been selected for the development of luxury New York-style apartments. The erf is uniquely positioned in the middle of Lombardy Estate & Health Spa's serene lakes and lush surroundings.
REZONING IS ALREADY IN PLACE - RES 4.
Due to the downsizing trend, the luxury apartment market is steadily growing. Affluent, middle-aged buyers look forward to moving out of traditional high-maintenance houses and into upmarket flats. Stylish, modern living, with reduced maintenance.
Lombardy piazza investors may request various hotel services, including housekeeping and concierge services. Being high-rise, these luxurious and exclusive apartments will enjoy an unhindered view of the Lombardy water lakes and beautifully landscaped gardens.
ERF USE;
Residential 4
LOCATION;
Uniquely positioned in the middle of Lombardy Estate's serene lakes and lush surroundings.
SIZE;
9436 M²
BUILDING LINES;
3M from street boundaries.
HEIGHT;
Shall not exceed 6 storeys
DESCRIPTION;
New York-style apartments
NUMBER OF UNITS;
+/- 50 Luxury units
AVERAGE UNIT SIZE;
Dependent on the final concept design
FLOOR AREA RATIO (FAR);
Shall not exceed 1.2
PARKING;
As per the town planning scheme
COVERAGE OF BUILDING;
Will be in accordance with the approved site development plan