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R5,250,000
R5,250,000
Monthly Bond Repayment R55,085.94
Calculated over 20 years at 11.25% with no deposit.
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Prime development opportunity
This property presents an exceptional development opportunity in the highly sought-after area of Waterkloof Ridge. Located on Raymond Avenue, the vacant land offers a prime 3960 sqm plot with approved plans for five full-title homes. The area is conveniently close to major shopping centres, amenities, and freeways, making it ideal for both residential and investment purposes.
The stand is sloping, offering scenic views that could enhance any structures built on the site. The property is zoned as Residential 1 (Res 1), and all necessary bulk services have been installed, including a water meter, with the infrastructure already in place along the pavement.
With the plans ready for submission, the groundwork can commence immediately if you choose to proceed with the pre-approved design. This development offers the potential for luxury living and a strong return on investment. VAT will be added to the transaction, making this a unique and valuable opportunity for developers.
For more information and to discuss this venture further, contact me today!
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