20,000m² Vacant Land For Sale in Honeydew Manor
R6,850,000
Monthly Bond Repayment R71,874.04
Calculated over 20 years at 11.25% with no deposit.
Web Ref No CSRB-10523
Exceptional 2-Hectare Development Opportunity
This expansive 2-hectare parcel of land offers an outstanding opportunity for developers and investors. Zoned for Res 3 residential development, it is perfectly suited for a high-density housing project, whether it be modern townhouses, stylish apartments, or an exclusive gated community.
Ideally situated, the property provides unparalleled convenience with easy access to shopping centers, top-rated schools, and medical facilities. Nearby, the prestigious Eagle Canyon Golf Estate adds to the area’s appeal, offering a world-class golfing experience and an upscale lifestyle.
Adding immediate value, the property currently generates a rental income of approximately R40,000 to R50,000 per month from existing dwellings, providing a steady revenue stream while planning and development take place.
This prime land is more than just a development site—it’s a rare investment opportunity in a sought-after location. With its size, zoning, and strategic positioning, it holds immense potential to become a thriving residential enclave. Don’t miss the chance to turn this exceptional space into a prestigious community or a high-yield property venture.