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851m² Vacant Land For Sale in Peerless Park East

R1,850,000


Monthly Bond Repayment R19,411.24
Calculated over 20 years at 11.25% with no deposit.

Web Ref No RL30959

Plot and Plan Development Land

**Prime Development Opportunity in Peerless Park East - Rezoned GR2**

Attention Developers! This vacant land has been successfully rezoned to GR2 and is primed for construction.

Are you in search of a project to kick off the new year? This is your chance to embark on a small development that can grow over time. Begin with the first plot and expand with two additional plots, potentially yielding 45 to 50 apartments over the next couple of years.

The possibilities are endless with this singular plot. Your search ends here—prepare your team for an exciting new year ahead!

This exceptional site is approved for the construction of 15 two-bedroom apartments. All fees have been settled with Bickels, and the local municipality is supportive of increasing the number of apartments.

Don’t miss out on this rare opportunity—get ready to start your project without delay!

Features

Land Size 851m²

Agent Contact Details

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