R3 200 000
Monthly Bond Payment: R
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2040m2
Vacant Land / Plot in Morningside For Sale
Prime Opportunity Awaits. Vacant Plot in Desirable Location
2040m2
Vacant Land / Plot in Morningside For Sale
Prime Opportunity Awaits. Vacant Plot in Desirable Location
Features
Description
Welcome to a canvas of limitless possibilities! This prime vacant piece of land eagerly awaits the transformative touch of a visionary developer. Situated in a node catering to the higher LSM, this property holds the promise of luxury living in a coveted locale.
With approved development rights for eight residential units, each boasting an average of 153m², this canvas invites you to craft a bespoke residential sanctuary. What's more, there are no outstanding bulk contributions looming over your vision. Our diligence in confirming this with the City of Johannesburg ensures a smooth path forward. Through a dummy application, our conveyancing attorneys obtained clearance figures, affirming the absence of any engineering fees issues, offering you peace of mind as you embark on this journey.
Let's delve into the zoning details: Residential 3 zoning, spanning an expansive erf size of 2,040m². The floor area ratio permits a generous 0.6, equating to 1,224m² of potential development. With a density allowance of 40 Dwelling Units per hectare, the canvas is ripe for creating a vibrant residential community. Height restrictions extend to two storeys, while coverage stands at a generous 50%, encompassing 1,020m² of possibility.
This is more than just a plot of land; it's a canvas awaiting your masterpiece. Seize the opportunity to sculpt a residential haven that harmonizes luxury, convenience, and limitless potential. The stage is set, the canvas awaits—let your vision unfold here.
Monthly Costs
Calculated over 20 years at % with no deposit.
| Bond Payments | R |
Property Details
| Web Ref | RMOK-1869 |
| Property Type | Vacant Land / Plot |
| Erf Size | 2040m2 |
Contact Agent
Bulelani Mageza
Full Status Property Practitioner
RE/MAX One (Kramerville)
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R3 200 000
Monthly Bond Payment: R
currency
bond calculator
- ZAR
- BWP
- EUR
- GBP
- NAD
- NZD
- AUD
- USD
- ZWL
- ZMW
- MUR
Contact Agent
Book a viewing