Prime Development Opportunity: Spacious 2589m2 Erf
Discover an exceptional investment opportunity with this expansive 2589m2 development erf, perfectly positioned for developers seeking to capitalize on a promising project. Boasting a generous bulk of 1:100 and an impressive 75% coverage, this property provides the ideal foundation for a lucrative residential development.
The initial phase of this development is already underway, with the first 3-bedroom unit completed and ready for occupancy. This existing structure sets a solid precedent for the high-quality homes envisioned for this site. Additionally, comprehensive plans are in place for nine more units, offering a mix of 2 and 3-bedroom configurations to suit a variety of future residents’ needs.
This property presents a unique chance to create a vibrant residential community in a desirable location. Whether you're an experienced developer or looking to embark on your next project, this erf offers the space and potential to bring your vision to life. Don't miss out on this ideal opportunity to shape a modern living environment that meets market demands.
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