This property is ideal for a residential multi-unit development. There are 2 4-bedroom lovely face brick houses on the property that is situated on the street each with its own entrance with a value of over R2mil each. The property can be used as whole for a multi-unit development or can be subdivided into 3 parts.
Houses on Erf 1 and 2 is on a approx. 2000m2 stands. The rest C approx. 18470 m2 can be used for a multi-unit development. There is also ample space if subdivided for an entrance for the multi-unit complex.
The property is very centrally located close to the East Rand mall, Rondebult road and the N12 and 17 Highways.
The property is allocated by the town planning department as proposed residential 1 to 4 Zoning with coverage of 60%, F.A.R -1.2. height of 2+ storeys. They will also allow 3+ storeys if applied for. To view call the agent.
Updated on April 8, 2021 at 11:06 am
Reference #: 1228736
Suburb / Town: Boksburg
Property Type: Vacant Land / Stand
Stand Size: 22470 m²
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