5.5 ha PRIME DEVELOPMENT land for sale between William Nichol and Mnandi road !!!!

CALLING ALL DEVELOPERS AND INVESTORS TO ERECT FLATS ( High Density)OR MEDIUM TO LOW COST HOUSING!! 10km FORM FOUR WAYS
CURRENT Income potential +-R 65 000.00 per month while waiting for development to proceed.

The ZONING are permitted for medium to low cost housing. The purchaser must apply for the Township approval and Zoning of the property. Should the property be demolished, the seller would salvage rights of the building material – at a agreed price.

The premises is tailored to affordable housing for residence/ employees in the fast growing Midrand, River sands Commercial Park and Fourways areas.

Generate and Income of +- R60 000.00 while you planning the DEVELOPMENT and ZONING of this property.

The property consist of: – LEASES IN PLACE
1 x 2 Bedroom house – R 9000.00
1 x 2 Bedroom Flat – R 7 000.00
1 x 2 Bedroom Flat – R 6 000.00
1 X 3 Bedroom house – R 11 000.00
1 x 2 Bedroom BARN house – R 9 000.00
1 x 2 Bedroom flat – R 6 500.00
2 x 1 Bedroom flats – R 5 000.00
Workshops and an office rented out to 4 small businesses. – R 10 000.00
4 Garages, 4 carports, swimming pool and entertainment area. Excellent security, Borehole.

For viewing and more information, please contact Mariette Kennedy