R742 000
Monthly Bond Payment: R
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5000m2
Vacant Land / Plot in Modimolle For Sale
DEVELOPMENT OPPORTUNITY
5000m2
Vacant Land / Plot in Modimolle For Sale
DEVELOPMENT OPPORTUNITY
Features
Description
The fact that the 5000sqm vacant stand has been rezoned for 8 individual stands, 625sqm in size, can offer multiple avenues for development. Here are some considerations and potential benefits:
Increased Housing Supply: Given the shortage of rental properties in town, creating 8 individual stands allows for the development of multiple housing units. This can contribute to alleviating the demand for rental properties in the area.
Diversification of Property Portfolio: By developing 8 individual stands, a property developer can diversify their portfolio, spreading the risk across multiple units rather than a single property. This diversification can enhance the overall stability and resilience of the investment.
There are currently no services on the stand, you will need to apply for services at the municipality.
Monthly Costs
Calculated over 20 years at % with no deposit.
| Bond Payments | R |
Property Details
| Web Ref | RXFF-4079 |
| Property Type | Vacant Land / Plot |
| Erf Size | 5000m2 |
Contact Agent
Mariska Van Wyk
Candidate Property Practitioner
RE/MAX Bushveld (Modimolle)
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R742 000
Monthly Bond Payment: R
currency
bond calculator
- ZAR
- BWP
- EUR
- GBP
- NAD
- NZD
- AUD
- USD
- ZWL
- ZMW
- MUR
Contact Agent
Book a viewing