Prime waterfront development opportunities

ZAR 5,739,560
  • 9,665 m² Living area
  • 9,665 m² Plot surface

Description

Exclusive mandate. Prime waterfront development opportunities only a 5 minute drive from the North-West University and located in the LSM 10 and new growth point of the city. This stand in extent 9 665 sq. m. (0,96 Ha.) is ideal for the development of 39 houses, studios or townhouses and with views on the Lakeside Resort, also known as the Potchefstroom Dam, is an absolute unique site for a development with exquisite views. Opposite the site is the very popular and upmarket Tuscany Ridge Estate with high end and upmarket properties. The new Vyfhoek Shopping Center with shops, restaurants and a state of the art Planet Fitness Olympus Gym on your doorstep will make living on this site a special experience. The property is zoned Res 3. The vacant land is priced at R5 632 279. (Opportunity cost per unit is R145,687.50) More Residential Stands (zoned Res 3 ) available adjacent to this stand: Erf 1905 in extent 39 825 sq m= 119 units at R23 417 100.00 Erf 1906 in extent 10 437 sq m= 63 units at R4 931 482 .00 Erf 1907 in extent 8 564 sq m= 51 units at R4 046 490.00 Erf 1908 in extent 12 009 sq m= 48 units at R6 998 244.00 Erf 1909 in extent 10 200 sq m= 41 units at R 5 944 050.00 Engel & Volkers Projects Potchefstroom with 50 developments successfully managed can assist brand new or seasoned developers with market research, product development, unique market strategies that are tailored according to your needs, sales targets and management by our Project Manager.

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Engel & Völkers Potchefstroom

Your advisor: Carl Venter

Property ID: ENV120471

Property details

Property type

Land

Living area

9,665 m²

Plot surface

9,665 m²

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Your shop

Engel & Völkers Potchefstroom

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Provider:

Potchefstroom

License partner of Engel & Völkers Southern Africa (Pty) Ltd

Commission details

Agent's Professional Fee is included in the price advertised.

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