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R 3 200 000

Vacant Land / Plot for Sale in Mondeor

Mondeor, Johannesburg
  • Erf Size 2 865 m²
    • m²: 2 865 m²
    • Hectares: 0.287 ha
    • Acres: 0.708 acres
Seize the potential today and realize the full scope of this investment.

This partially developed property in a highly desirable location offers immense potential for a savvy investor. Originally a fully functioning home, the current owner envisioned subdividing the land for greater investment opportunities. With infrastructure for water and electricity already in place, the groundwork is set for expansion. The property features three unfinished 2-bedroom units that are nearly complete, with approved plans to add two more 2-bedroom units and a studio apartment.

Additionally, there’s potential to rezone the remaining land for the development of 6-12 more units, offering a significant return on investment. Major foundational work, including the roof and plumbing, has already been completed, saving both time and cost. The property also boasts stunning panoramic views of Mondeor, making it highly attractive to future tenants. With consent...

This partially developed property in a highly desirable location offers immense potential for a savvy investor. Originally a fully functioning home, the current owner envisioned subdividing the land for greater investment opportunities. With infrastructure for water and electricity already in place, the groundwork is set for expansion. The property features three unfinished 2-bedroom units that are nearly complete, with approved plans to add two more 2-bedroom units and a studio apartment.

Additionally, there’s potential to rezone the remaining land for the development of 6-12 more units, offering a significant return on investment. Major foundational work, including the roof and plumbing, has already been completed, saving both time and cost. The property also boasts stunning panoramic views of Mondeor, making it highly attractive to future tenants. With consent for the new units currently in progress, now is the perfect time to act on this exceptional investment opportunity and bring this vision to life.

With consent for additional units in progress, this is a rare chance for a visionary investor to seize a high-potential project and turn it into a lucrative development. Act now to bring this vision to life!

Listing number: P24-115030924, Image number: 1, WhatsApp Image 2024-10-04 at 09.16.16 (Copy)
Listing number: P24-115030924, Image number: 2, WhatsApp Image 2024-10-04 at 09.16.16 (1) (Copy)
Listing number: P24-115030924, Image number: 3, 12493GMT-24
Listing number: P24-115030924, Image number: 4, 12493GMT-2
Listing number: P24-115030924, Image number: 5, 12493GMT-1
Listing number: P24-115030924, Image number: 6, 12493GMT-20
Listing number: P24-115030924, Image number: 7, 12493GMT-25
Listing number: P24-115030924, Image number: 8, 12493GMT-27
Listing number: P24-115030924, Image number: 9, 12493GMT-23
Property Overview
Listing Number
115030924
Type of Property
Vacant Land / Plot
Listing Date
07 October 2024
Erf Size
2 865 m²
Zoning
General Residential
Garden
Garden
Special Features
Vibracrete boundary
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