R17,500,000
R17,500,000
Monthly Bond Repayment R183,619.80
Calculated over 20 years at 11.25% with no deposit.
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!!!Prime Development Opportunity in Bedfordview – Zoned Residential 3!!!
Discover an exceptional property nestled in the heart of Bedfordview, perfectly positioned for residential development. This 9,664m² terraced land offers a rare opportunity to create an exclusive residential enclave in one of Gauteng’s most sought-after areas.
Property Highlights:Prime Location:Situated close to prestigious schools, including St. Andrews, King David, and Saheti, and within easy reach of the Neighborhood Shopping Center.Zoning & Density:Zoned Residential 3, allowing for the development of 23 to 25 units with a 35% coverage ratio.Infrastructure in Place:Fully terraced landscape with retainer walls, paved roads, and established water and electricity connections, reducing initial development costs.Breathtaking Views:Enjoy 180-degree panoramic views spanning Sandton, Edenvale, and even as far as Midrand.Accessibility:Convenient access to major highways, ensuring seamless connectivity to surrounding areas.
Investment Appeal:High ROI Potential:Estimated return of approximately R100,000,000-00, offering significant value for property developers.Ready for Development:Clear title deed and favorable payment terms available on realistic offers, ensuring a smooth transaction process.
Asking Price:R17,500,000-00
Don’t miss out on this unparalleled opportunity to create a landmark residential project in the heart of Bedfordview. Contact us today to arrange a viewing and take the first step toward unlocking this property’s immense potential.
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