R 420 000

Vacant Land / Plot for Sale in De Deur

De Deur, Vereeniging

1 ha
- m²: 10 000 m²
- Hectares: 1 ha
- Acres: 2.471 acres

Multiple stands available- you choose!

The vacant land in De Deur Estate presents a promising opportunity for those with a vision for development. With 12 available stands awaiting transformation, this location offers a canvas for ambitious projects. The potential for building a complex and renting out units is a lucrative venture that should not be overlooked. One of the key advantages of these stands is that they are already zoned for Residential 1, simplifying the development process considerably. This zoning designation typically allows for single-family homes or multiple dwellings, making it a versatile choice for builders and investors. It's important to note that when financing vacant land, banks generally offer loans covering up to 60% of the property's value. This means that prospective buyers will need to provide a 40% deposit to secure the land. However, an alternative option is to explore a...

The vacant land in De Deur Estate presents a promising opportunity for those with a vision for development. With 12 available stands awaiting transformation, this location offers a canvas for ambitious projects. The potential for building a complex and renting out units is a lucrative venture that should not be overlooked. One of the key advantages of these stands is that they are already zoned for Residential 1, simplifying the development process considerably. This zoning designation typically allows for single-family homes or multiple dwellings, making it a versatile choice for builders and investors. It's important to note that when financing vacant land, banks generally offer loans covering up to 60% of the property's value. This means that prospective buyers will need to provide a 40% deposit to secure the land. However, an alternative option is to explore a comprehensive building package that includes architectural plans and other necessary elements. This can simplify the financial aspects of land acquisition and development.

The flexibility of this opportunity extends beyond mere investment. For those dreaming of creating their ideal home, this is a chance to make that vision a reality. Engaging an architect to design a house that fits the needs and aesthetics of the 21st century is an exciting prospect. Whether you are an investor looking to profit from rental income or an individual seeking to build your dream home, these vacant stands offer a myriad of possibilities.

The De Deur Estate location, likely with its unique charm and appeal, provides an attractive backdrop for development. As you explore the potential of these vacant stands, consider the various sizes and their corresponding prices, tailoring your investment to your specific goals. With careful planning and strategic execution, this opportunity could open doors to a prosperous future, making the dream of a complex, a modern home, or a shrewd investment a reality. Don't delay â?? take the first step towards unlocking the potential of this prime real estate and seize the opportunity knocking on your door in De Deur Estate.

Listing number: P24-112465653, Image number: 1

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Property Overview

Listing Number

112465653

Type of Property

Vacant Land / Plot

Listing Date

23 March 2023

Erf Size

1 ha

Rates and Taxes

R 2 100

Pets Allowed

No

Other Features

Generator

No

Points of Interest

Bond Calculator

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.