R14 870 000
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Development property in an outstanding location..
58 1st Avenue
5 Bedroom House For Sale in Inanda
58 1st, Avenue
Development property in an outstanding location..
change currency
This property has a beautiful old house which is currently used as a residence with beautiful trees and large garden. The tennis court is not operational but adds to the large grounds and for what's up next.
The land is big and has great storm water flow, which makes it perfect for development and subdivision.
The amazing news, is it already has re-zoning certification for 6 units on a 3721 square meter property, making each stand around 620 squares.
The property also has a borehole.
This property will not be on the market for long, it is well located, secured boomed off road, guarded and controlled with remote control gates and security men.
Surrounding homes that are around 600 square meters in erf size, are going between R4.5 million to R12 million depending on how modern the homes are.
This property is the perfect opportunity for a developer, the area is right and the property is right!
Bond Payments | R |
Mun. Rates & Taxes | ZAR 6,151 |
Web Ref | REEV-8885 |
Property Type | House |
Erf Size | 3721m2 |
Bedrooms | 5 |
Bathrooms | 5 |
Garage | 3 |
Kade Morgan
Candidate Property Practitioner
RE/MAX One (Edenvale)
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