DEVELOPMENT / INVESTMENT OPPORTUNITY | 8.6HECTARES | MALIBONGWE DRIVE
Prime Development Opportunity with Excellent Visibility and Strategic Location
An exceptional development and investment opportunity awaits on approximately 8.6 hectares of strategically positioned land, located opposite the busy Malibongwe Drive.
This substantial property offers excellent exposure and accessibility, making it an attractive proposition for developers, investors and businesses looking for a well-positioned site with significant future potential.
The property is conveniently located close to a wide range of amenities, including popular restaurants, established shopping centres, medical clinics and other essential services, adding to the appeal and convenience of this location.
The property currently consists of two existing properties with approximately 545sqm under roof, providing existing improvements that can potentially be utilized while future development plans are considered.
Additional features include a borehole and an existing structure for a JoJo water tank, providing valuable infrastructure and further enhancing the property's potential.
DEVELOPMENT POTENTIAL
The size, location and accessibility of this land make it particularly appealing for investors looking for a long-term development opportunity.
The property is currently Residential 1 zoned, with potential for Residential 2 or Residential 3 development, subject to the necessary municipal approvals and rezoning/development permissions.
Its prominent position opposite Malibongwe Drive provides excellent visibility and easy access, while its proximity to established commercial and residential amenities creates a strong foundation for future development.
Whether you are an experienced developer looking for your next project or an investor seeking to secure a sizeable property in a strategically located area, this opportunity deserves serious consideration.
KEY PROPERTY FEATURES:
- Approximately 8.6 hectares
- Potential to build a School, a Church, a restaurant, and Ideal for building, approximately 68 units on Res 2 and 102 units on Res 3.
- Currently zoned Residential 1.
- Residential 2 / Residential 3 development, subject to approvals
- Two existing properties: 3-bedroom house is 120sqm and the 2 bedroom house is 100sqm.
- Approximately 545 sqm under roof
- Borehole in place.
- Existing building/structure for a Jojo water tank.
- Excellent visibility from Malibongwe Drive, easy access to major routes such as Witkoppen Rd, N1 Pretoria and N14 Highway.
- Convenient access to major roads
- Close to popular restaurants and shopping centres such as Belairs and Northgate Mall.
- Near medical clinics such as Olivedale Life Clinic and other essential amenities
- Ideal development and long-term investment opportunity
ASKING PRICE: R4,450,000
Opportunities to acquire substantial development land in a strategically positioned area are not to be overlooked.
Contact the agent today to arrange a private viewing and to discuss the development and investment potential of this exceptional property.
An exceptional development and investment opportunity awaits on approximately 8.6 hectares of strategically positioned land, located opposite the busy Malibongwe Drive.
This substantial property offers excellent exposure and accessibility, making it an attractive proposition for developers, investors and businesses looking for a well-positioned site with significant future potential.
The property is conveniently located close to a wide range of amenities, including popular restaurants, established shopping centres, medical clinics and other essential services, adding to the appeal and convenience of this location.
The property currently consists of two existing properties with approximately 545sqm under roof, providing existing improvements that can potentially be utilized while future development plans are considered.
Additional features include a borehole and an existing structure for a JoJo water tank, providing valuable infrastructure and further enhancing the property's potential.
DEVELOPMENT POTENTIAL
The size, location and accessibility of this land make it particularly appealing for investors looking for a long-term development opportunity.
The property is currently Residential 1 zoned, with potential for Residential 2 or Residential 3 development, subject to the necessary municipal approvals and rezoning/development permissions.
Its prominent position opposite Malibongwe Drive provides excellent visibility and easy access, while its proximity to established commercial and residential amenities creates a strong foundation for future development.
Whether you are an experienced developer looking for your next project or an investor seeking to secure a sizeable property in a strategically located area, this opportunity deserves serious consideration.
KEY PROPERTY FEATURES:
- Approximately 8.6 hectares
- Potential to build a School, a Church, a restaurant, and Ideal for building, approximately 68 units on Res 2 and 102 units on Res 3.
- Currently zoned Residential 1.
- Residential 2 / Residential 3 development, subject to approvals
- Two existing properties: 3-bedroom house is 120sqm and the 2 bedroom house is 100sqm.
- Approximately 545 sqm under roof
- Borehole in place.
- Existing building/structure for a Jojo water tank.
- Excellent visibility from Malibongwe Drive, easy access to major routes such as Witkoppen Rd, N1 Pretoria and N14 Highway.
- Convenient access to major roads
- Close to popular restaurants and shopping centres such as Belairs and Northgate Mall.
- Near medical clinics such as Olivedale Life Clinic and other essential amenities
- Ideal development and long-term investment opportunity
ASKING PRICE: R4,450,000
Opportunities to acquire substantial development land in a strategically positioned area are not to be overlooked.
Contact the agent today to arrange a private viewing and to discuss the development and investment potential of this exceptional property.
Monthly Rates
R885
Features
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Firzt Property Group website is accurate and up to date, Firzt Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.