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R 12 000 000

Vacant Land / Plot for Sale in Faerie Glen

  • Erf Size 2 453 m²
    • m²: 2 453 m²
    • Hectares: 0.245 ha
    • Acres: 0.606 acres

Presenting an exceptional development opportunity in the prime location of Faerie Glen. This strategically located property, which was recently rezoned to Residential 4, offers a unique opportunity for forward-thinking investors and developers. The rezoning allows for the construction of an impressive four-story building, with 44 contemporary flats designed to redefine modern living.

The permitted construction to develop a four-story building with a total of 44 flats

16 x 70.5 square meter two-bedroom flats.

36 one-bedroom, 30-square-meter flats

12 loft units measuring 42.5 sqm.

This development opportunity not only demonstrates Faerie Glen's potential for growth, but it also provides an opportunity to contribute to the community's evolving landscape. The demand for contemporary living spaces is increasing, making this project a lucrative investment opportunity.

Presenting an exceptional development opportunity in the prime location of Faerie Glen. This strategically located property, which was recently rezoned to Residential 4, offers a unique opportunity for forward-thinking investors and developers. The rezoning allows for the construction of an impressive four-story building, with 44 contemporary flats designed to redefine modern living.

The permitted construction to develop a four-story building with a total of 44 flats

16 x 70.5 square meter two-bedroom flats.

36 one-bedroom, 30-square-meter flats

12 loft units measuring 42.5 sqm.

This development opportunity not only demonstrates Faerie Glen's potential for growth, but it also provides an opportunity to contribute to the community's evolving landscape. The demand for contemporary living spaces is increasing, making this project a lucrative investment opportunity.

Listing number: P24-115181937, Image number: 1
Listing number: P24-115181937, Image number: 2
Listing number: P24-115181937, Image number: 3
Listing number: P24-115181937, Image number: 4
Listing number: P24-115181937, Image number: 5
Listing number: P24-115181937, Image number: 6
Listing number: P24-115181937, Image number: 7
Listing number: P24-115181937, Image number: 8
Listing number: P24-115181937, Image number: 9
Property Overview
Listing Number
115181937
Type of Property
Vacant Land / Plot
Listing Date
07 November 2024
Erf Size
2 453 m²
Zoning
General Business
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