Vacant Land / Plot in Dayanglen For Sale

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Description

Residential 4 - Sectional Title Development Opportunity

Calling ALL DEVELOPERS!  

  

This prospectus presents an opportunity to acquire or develop a 6,768 m² property that is currently in the process of being re-zoned for Residential 4 sectional title, higher-density residential use. The property offers both immediate holding income and significant future development potential, with the proposed zoning allowing for up to 100 residential units per hectare, subject to final municipal approvals and detailed development planning. 

  

The current asking price is R 3,000,000.00 on an "as is" basis, or R 6,400,000.00 once the rezoning process has been completed. The site is currently occupied by multiple tenants and produces monthly rental income of approximately R 54,280.00, providing holding income while rezoning and development planning are finalised. 

  

The possibilities are endless!  

Don't wait. Contact me today for more information! 

DAZZLE REALTORS (PTY) LTD trading as REMAX Dazzle (Boksburg) operates in terms of a franchise agreement with REMAX of Southern Africa.

Pam Swart
Pam Swart
REMAX Dazzle (Boksburg)
Full Status Property Practitioner
Registered with the PPRA
FFC 20263505208
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DAZZLE REALTORS (PTY) LTD trading as REMAX Dazzle (Boksburg) operates in terms of a franchise agreement with REMAX of Southern Africa.