R 2 500 000 | Vacant Land / Plot for Sale in Westonaria

Westonaria, Westonaria

Gallery

Photos

Erf Size: 3 120 m²

4 in 1 open stands investment opportunity

Prime Property Investment Opportunity – Ideal for High-Density Residential Development

Are you looking for an exceptional investment opportunity in the heart of town? This prime property offers immense potential for developers and investors alike, combining strategic location, pre-approved zoning, and lucrative rental income prospects.

Property Highlights
• Land Area: 4 stands, each measuring 780 sqm, totaling 3,120 sqm.
• Zoning:
• 2 stands zoned for commercial use.
• 2 stands zoned for residential use.
• Development Potential: Approved for 120 double-storey flats across all 4 stands.
• Architectural Plans: Ready for submission to the municipality for approval, expediting your project timeline.

Investment Returns
• Rental Income Potential:
• 1 flat = R3,000/month
• 30 flats = R90,000/month
• 120 flats = R360,000/month
• ROI: Recover your capital investment within 2 years, with long-term rental income thereafter.

Why Invest Here?
1. Strategic Location: Positioned in town, ensuring high demand for rental housing.
2. Ready-to-Build Opportunity: Save time with architectural plans prepared and zoning already in place.
3. High Yield: A projected monthly income of R360,000 makes this a high-return, low-risk investment.

This is a rare opportunity to capitalize on a well-located property with immense development and income potential. Don’t miss out on this chance to create a sustainable income stream while contributing to the growing housing needs of the community.

Contact us today to secure this unbeatable property investment opportunity!