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Prime Property in Fourways for Development

Maroeladal

Property Description

Magnificent piece of land for sale.

One of the last pieces of vacant land nestled in the heart of Craigavon. Previously zoned for 59 residential units.

The property is 1.68 hectares and features a borehole as well as a cell phone tower which generates a profitable income.

There is an option to renew the lease for another 5 years.

There are currently 2 house and 2 cottages on the property.

Overall there is currently a passive income of 50K being generated on the property from the Cell Tower / 2 cottages and 1 house.

Perfectly located close to top schools, medical facilities as well as a ton of recreation. Close to major travel routes.

Contact me for more information.

Contact Agent