BRAKPAN - BRENTHURST for a TOWNSHIP Development Of Flats or a Townhouse Complex

1200000 R

The land is currently zoned "Special" for Agricultural & Mining purposes with a further proviso that the land may be used for "Special Usages". In terms of the respective development framework this land is earmarked for Residential Development. The land is well located in terms of the proximity of the Schaperust Station and other educational amenities
The highest densities achievable with 3-4 storeys walk-ups is 100 to 120 U/ha taking parking and other constraints into consideration. There is a road reserve crossing the land. The yield would therefore be about 500 units.Or a TOWNHOUSE COMPLEX of 2 bedroomed of about 80 -100 units is also viable.
The purchaser is at liberty to consult the local authorities as to what will be allowed.
The property is sold VOETSTOOTS, and the purchaser will be required to obtain all Regulatory Authorisations from the respective.

Location: Gauteng - Midrand

Added on 8 years ago and expires on 14 March, Ad id: 21904

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