- REDUCED
Offers from R 4 500 000 will be considered
This spacious property is well-positioned and can be subdivided into two stands.
Stand 1 - Front garden : (Approximately - 2 136 m2)
Has great flow - The property was previously used as a 3 Star guesthouse with 16 rooms (Incl the 2 log cabins). Has had some wear and tear. Needs attention.
Stand 2 - Back Garden : (Approximately - 1 960 m2)
This is vacant land was used for parking . The owner has rezoned it to have 7 clusters built on it.
(Currently has a cellphone tower on the stand - Generating a rental income of R 200 000 per year).
Great opportunity to build a complex block for developers due to high density in the area.
Loads of value on this property!
Call to schedule a viewing