Vacant Land / Plot in Rietfontein SH For Sale

Land Price: R2 000 000

Purchase of an option to buy: R3 500 000

About the Development: 

This nearly approved development will consist of 6 boarding homes on six stands. Each boarding home will feature: 

• 1 Bedroom townhouse for the caretaker 
• 7 or 8 bachelor units on the ground floor, each with a small garden 
• Common open-plan living area with a big Television, dining room, and braai patio for socializing, dining, and entertainment. Tenants can enjoy board games, watch sports or TV, or entertain visitors on the braai patio. 
• Kitchenette where tenants can enjoy ordered meals together 
• 1 Carport and 1 Storeroom (6m²) per unit for extra storage 

The units in the boarding homes may be eligible for a Sectional Title Scheme. 

Breakdown of Boarding Homes: 

• 4 Boarding Homes with: 
• 8 ground-level units per boarding home 
• 1 bedroom unit and 7 bachelor units 
• 8 carports and 8 storerooms (3 x 2m² each) 
• 1 common room with lounge, dining area, and braai patio per boarding home 
• 2 Boarding Homes with: 
• 7 ground-level units per boarding home 
• 1 bedroom unit and 6 bachelor units 
• 7 carports and 7 storerooms (3 x 2m² each) 
• 1 common room with lounge, dining area, and braai patio per boarding home 

Additional Features: 

• Communal launderette 
• Communal vegetable garden, run on a "green fingers club" basis 

This is a prime opportunity for developers or investors! 

Call, WhatsApp or Email me today for more information or to book a viewing.