Silverton, Pretoria East, Gauteng ID 1169161
House
2.0
4
120m2
**Prime Investment Opportunity: Versatile Property Above Pretoria Road** Explore an outstanding investment opportunity in a prime location just above Pretoria Road. This expansive property offers a unique combination of space, flexibility, and potential, making it an ideal choice for both homeowners and investors. The original plot covers an impressive 1,549 square meters, providing abundant space for development and customization. A portion of this land, measuring a generous 770 square meters, has recently been rezoned, opening up new possibilities. Whether you envision constructing a single or double-storey dwelling, the property allows for a substantial building coverage of up to 50%. For those seeking to diversify their portfolios or capitalize on the thriving real estate market, the rezoned 770 square meter portion is available for resale at R750,000. This presents an excellent opportunity to secure a valuable piece of land in a highly sought-after area. In addition to its development potential, the property currently generates a rental income of R15,000 per month, making it an attractive option for investors looking for immediate returns. Don't miss this chance to own a piece of versatile property with immense potential for growth and profit. Whether you're dreaming of building your ideal home or making a strategic investment, this property above Pretoria Road offers unparalleled opportunities.
Dick and Sue Home Finders
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