Property Details

Zoned for residential purposes. Helios towers are putting up a cellphone tower on the stand very soon, with a 10 year lease contract already signed. Potential income of R72 000 per annum. Awaiting final approval by the local municipality office and that they should start with the construction soon. Notice the new position of the cell phone tower in the bottom right next to Dirk van der Hoff Weg.  Can build 75 x 105m2 apartments with a total of R55mil of Return on Investment. Potential Selling Price @ R900 000 to R1,1 mil for 2 bed and 3 bed Apartments. Seller is a developer and can assist.