The ideal opportunity for a developer/businessman.
Situated adjacent to Zambezi Drive and opposite new property developments in progress,this property offers:
1. Possibility of subdivision in a total of 8 plots of more than 1 hectare each - necessary permissions obtained and diagrams available; or
2. Finalization of the current application for establishment of a township - in advanced stage. Current Application and Conditions under which application was approved available - application includes 164 residential units, a retail and/or medical suite, clubhouse etc. or
3. Purchase shares in registered company owner and enter in joint venture with shareholders: or
4. Investment with rental income - current total rental of R28 000.00 however this can be increased to minimum R40 000 per month.
Comprises of huge 5 bedroom family house, 2 flats and factory.
Purchase transaction can be facilitated by means of transfer of shares in existing private company saving substantially on transfer costs.
Do not miss out on this unique opportunity!
- Property Type Small Holding
- Beds 5
- Bath 4
- Garages 4
- Carports 4
- Pool Yes
- Building Size 11,380m²
- Stand Size 92,361m²
- Rates & Taxes ± 1.24