Prime Investment Opportunity: Versatile Property Above Pretoria Road
Discover this exceptional investment opportunity nestled in a prime location above Pretoria Road. This expansive property offers a unique blend of space, flexibility, and potential for both homeowners and investors alike.
The original mother erf spans an impressive 1,549 sqm, providing ample room for development and customization. Recently, a portion of this erf has been rezoned, offering a generous 770 sqm that is ready for new possibilities. Whether you envision building a single or double-storey dwelling, the property allows for a substantial building coverage of 50%.
For those looking to diversify their portfolio or capitalize on the real estate market, the rezoned portion of 770 sqm is available for resale at R750,000. This presents an excellent opportunity to secure a valuable piece of land in a sought-after area.
Additionally, the property currently generates a rental income of R15,000, making it an attractive option for investors seeking immediate returns.
Don't miss out on the chance to own a piece of this versatile property with immense potential for growth and profit. Whether you're looking to build your dream home or make a strategic investment, this property above Pretoria Road offers unparalleled opportunities.
