R 3 500 000

Vacant Land / Plot for Sale in Kempton Park Central

68 Friedman Street, Kempton Park Central, Kempton Park

2 622 m²
- m²: 2 622 m²
- Hectares: 0.262 ha
- Acres: 0.648 acres

Was R4 495 000 Vacant Development Land - Ready for 60 units /6 storeys high to be built in High demand area. Contribution paid already. Rights fully granted. Res 4 in place

Attention Developers! Don't miss out on this amazing opportunity to invest in a prime development property located in the heart of Kempton Park. This property is perfectly suited for Residential 4 Development, with a height restriction of 6 storeys and the potential to build 60 units. The Ekurhuleni contributions have already been paid, meaning you can start building immediately. The area is in high demand for rentals, providing a huge income potential. You can choose to rent out the units or sell them separately, making it a highly flexible investment. Soil report available.

This is a VAT registered transaction, and the price includes VAT already. All services have been paid for, so you can get started on your project right away. With an FAR of 1.2 and 60% coverage, you have plenty of room to work with. The property is surrounded by high-density areas, schools,...

Attention Developers! Don't miss out on this amazing opportunity to invest in a prime development property located in the heart of Kempton Park. This property is perfectly suited for Residential 4 Development, with a height restriction of 6 storeys and the potential to build 60 units. The Ekurhuleni contributions have already been paid, meaning you can start building immediately. The area is in high demand for rentals, providing a huge income potential. You can choose to rent out the units or sell them separately, making it a highly flexible investment. Soil report available.

This is a VAT registered transaction, and the price includes VAT already. All services have been paid for, so you can get started on your project right away. With an FAR of 1.2 and 60% coverage, you have plenty of room to work with. The property is surrounded by high-density areas, schools, and shops, making it the perfect location for a suburban type of development. Don't wait any longer, take advantage of this fantastic investment opportunity today. Contact us now to arrange a viewing and secure your future in property development.

Why invest in Kempton Park? Kempton Park is conveniently situated with easy access to Johannesburg and Pretoria. It is the gateway to Southern Africa and all world cities via Airport located within its boundaries. This presents enormous business opportunities with numerous import, export and Transport companies operating from Kempton Park. Kempton Park boasts with one of the largest industrial complexes in Southern Africa with Isando and Spartan within its boundaries. The labor market is well established and supported with well organized transport facilities. Residential properties in and around town range from humble beginnings to exclusive ‘Golf and Equestrian” estates. To make your life easy Kempton Park is blessed with a variety of Top Schools, Medical Facilities, Retirement Villages and Infrastructure. East Gate, East Point Mall, Greenstone Shopping Centre, Festival Mall and Mall of Africa, are all within a convenient 20 km radius.

Call Now and start building early next year

Listing number: P24-107019850, Image number: 1

Listing number: P24-107019850, Image number: 2

Listing number: P24-107019850, Image number: 3

Property Overview

Listing Number

107019850

Type of Property

Vacant Land / Plot

Street Address

68 Friedman Street, Kempton Park Central

Description

New Development, Residential

Lifestyle

Complex

Listing Date

07 December 2018

Erf Size

2 622 m²

Special Levy

R 0

Zoning

General Residential

Other Features

Height Restriction

6 m²

Nearby Public Transport

Minibus Taxi

Internet Access

Fibre

Wheelchair Accessible

No

Generator

No

Backup Water

No

Points of Interest

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