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0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
0 Bedroom Property for Sale in Lorraine Eastern Cape
R 5 300 000
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Property features

  • R 5 300 000
  • 0 Bedrooms
  • 0.0 Bathrooms
  • 0 Living Room/s
  • Garage for 0  car/s
  • No Pets

Property Details

A rare opportunity to acquire a prime parcel of land in the highly sought-after and well in demand suburb of Lorraine, earmarked for residential development. The stand currently features a 4-bedroom home and multiple flats as well as a swimming pool.
The Opportunity:
• Extend: 2.1 hectares, subdivisible into 25 units per hectare
• Zoning: Residential 1
• Services: Water, electricity and sewerage at boundary as the stand currently services a residential home and multiple flats, situated at the top of the hill.
Situated in a booming residential suburb with high demand for mid-market housing, close to all amenities.
High ROI area as properties in this area sell fast and rentals achieving exceptional amounts
This prime development land is perfect for:
• Affordable housing development or high-end units featuring spectacular views from the top of the hill
• Sectional title duplex development
• Buy -to-let portfolio build
This will not stand long at this price. High-demand area with proven sales!
Contact me today to schedule an exclusive viewing!

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