Monthly Bond Repayment R135,732.77
Calculated over 20 years at 11% with no deposit.
Web Ref No CWSC-8442
Residential Property Development
Exciting Opportunity for Residential Property Development Land
Sole mandate to present an exclusive opportunity for developers to acquire prime residential property land in the serene area of Franskraal. This property is zoned for 57 free standing houses, making it an ideal investment for those looking to capitalise on the growing demand for secure, residential housing in this picturesque location. Key Features of the Property: Plots designed for 57 free standing houses with spectacular ocean or mountain views Three green areas and central waste collection area; Application for Development Rights has been obtained; Environmental Authorization and Subdivision Approval have been granted; Land Consolidation and Rezoning have been approved; Land has been sub divided and surveyed.
The location makes it ideal for a security estate which is in high demand, not only for the security option, but also because of it’s location. It is less than 300m from from the coastline with footpath leading all the way to the Franskraal beach and the Bowling Club just a block away.
Please feel free to reach out to discuss this opportunity further, or to schedule your site visit.