A Rare Opportunity to Shape the Future
Visionary developers are constantly searching for opportunities where much of the groundwork has already been done, allowing them to focus on what truly matters - unlocking value.
This exceptional one-acre development opportunity offers exactly that.
Positioned in a sought-after location, the property has already been subdivided into six individual portions, significantly reducing the time and complexity associated with the early stages of development. The rezoning process has already been completed, providing an invaluable head start, while only a portion of the required bulk contributions remain outstanding.
Better still, the property is already producing an income.
Existing Improvements
Residence One
A substantial double-storey residence comprising:
5 Spacious Bedrooms
5½ Bathrooms
Double Garage
Basement level with additional garaging and storage
Ideal as a luxury residence, boutique guest house, executive accommodation or developer's sales office during future construction.
Residence Two
An attractive apartment block consisting of six modern two-bedroom, two-bathroom apartments, all currently income producing.
The apartments are presently achieving rentals of approximately R13,000 per unit per month, generating a strong recurring income while future phases of the development are planned and executed.
The Opportunity
The true value of this offering lies beyond what has already been built.
With multiple undeveloped portions remaining, this is a blank canvas waiting for an ambitious developer to bring a fresh vision to life.
Whether your strategy includes luxury cluster homes, executive residences, sectional title apartments, premium rental stock, or a mixed residential concept, the foundations have already been laid for you to create something truly exceptional.
This is an opportunity to acquire a site that combines:
Existing rental income
Multiple completed structures
Subdivision already in place
Rezoning completed
Significant future development potential
Multiple exit strategies
Opportunity to phase development while retaining cash flow
Invest. Develop. Expand. Profit.
Properties of this nature seldom become available, offering both immediate income and long-term development upside within a single acquisition.
For the developer with vision, this is more than just land.
It is the foundation for your next landmark project.
Enquire today to explore the full development potential and secure one of the area's most exciting investment opportunities before someone else brings your vision to life.