• 400.0 m2

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Property description

RESIDENTIAL DEVELOPMENT OPPORTUNITY 

385 Residential Stands Available for Development  

An exciting opportunity for property developers and investors to unlock the potential of a residential development.  

A prime opportunity awaits developers seeking to expand their residential portfolio. The remaining development comprises 385 residential stands and four designated public spaces, offering excellent potential for the development of new homes within an established residential development.  

With previous phases already completed, prospective purchasers have the opportunity to build on the success of the existing development while creating homes that meet the needs and preferences of today's buyers.  

DEVELOPMENT HIGHLIGHTS  

385 residential stands available for development.  

Four designated public spaces forming part of the remaining development.  

Residential zoning: Res 1.  

Flexible house designs: Proposed house sizes range from approximately 52 m² to 140 m², depending on the stand size and purchaser requirements.  

Design flexibility: Developers may construct houses according to their own specifications, subject to the applicable approvals and requirements.  

Existing building plans: Purchasers may also make use of the plans implemented in the previously completed phases.  

Established service connection points: Main connection points are available for water, stormwater, sewerage and access roads.  

Electrical supply: Sufficient Eskom supply is available, subject to the purchaser applying for the required substation upgrade.  

INFRASTRUCTURE AND SERVICES  

The stands are registered in the Deeds Office as vacant, unserviced land. Purchasers will be responsible for the installation of the internal infrastructure and services required for their development, including:  

Internal water reticulation.  

Internal sewerage infrastructure.  

Internal storm water systems.  

Eskom electricity connections and the required substation upgrade application.  

Internal electrical reticulation.  

Internal roads and associated infrastructure.  

The availability of main connection points provides a foundation for developers to plan and implement the necessary internal services in accordance with the applicable technical specifications and approval requirements.  

AN OPPORTUNITY TO BUILD  

Whether you are an established residential developer or an investor looking to enter the housing market, this development offers the opportunity to acquire multiple residential stands and develop homes tailored to your target market.  

With a choice of house sizes, flexibility in design and the benefit of previously completed phases to draw inspiration from, developers can shape a residential offering aligned with their business objectives and market demand.  

Interested in this residential development opportunity?  

For further information regarding the available stands, development requirements, infrastructure and purchasing arrangements, please do not hesitate to contact us.  

Secure your opportunity to be part of this residential development. 

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