Prime Development Opportunity in Windsor East
Price: R3,000,000
Unlock the potential of this exceptional property in Windsor East, ideal for developers and investors alike. With approved municipal plans for 18 units, this land is ready for immediate construction, offering a seamless transition from planning to building.
Currently, the property features 12 rooms generating a steady rental income of R21,000 per month. However, the true potential lies in the approved blueprint for 18 modern units, which could significantly boost your income. In this area, 2-bedroom units typically rent for R6,500 per month, translating to a potential monthly income exceeding R150,000 once fully developed.
The location is unbeatable—situated opposite the picturesque golf course along Republic Road and within walking distance to Cresta. This prime spot ensures not only high rental...
Prime Development Opportunity in Windsor East
Price: R3,000,000
Unlock the potential of this exceptional property in Windsor East, ideal for developers and investors alike. With approved municipal plans for 18 units, this land is ready for immediate construction, offering a seamless transition from planning to building.
Currently, the property features 12 rooms generating a steady rental income of R21,000 per month. However, the true potential lies in the approved blueprint for 18 modern units, which could significantly boost your income. In this area, 2-bedroom units typically rent for R6,500 per month, translating to a potential monthly income exceeding R150,000 once fully developed.
The location is unbeatable—situated opposite the picturesque golf course along Republic Road and within walking distance to Cresta. This prime spot ensures not only high rental demand but also offers a serene and convenient lifestyle for future tenants.
Don’t miss this unique investment opportunity to capitalize on Windsor East’s growing rental market. Contact us today to learn more and schedule a viewing.