This prime property is well located in Saxonwold, Johannesburg, overlooking Zoo Lake. The tree-filled piece of land is a stones throw away from top schools, main roads, highways and business districts. The property is has approved Residential 3 high density building rights for 32 units and has approved demolition rights which only need to be renewed.
As an investor or developer, the property offers numerous opportunities to make an income by way of various accommodation on the property including:
Main house - 4.5 bedrooms, 2.5 bathrooms with 4 reception rooms and staff quarters
2 x 1 bedroom apartments (+-45sq.m. each)
1 x Garden cottage - 1 bedroom with patio and private garden (65sq.m.)
1 x Freestanding studio (25sq.m.)