Monthly Bond Repayment R45,845.81
Calculated over 20 years at 11.5% with no deposit.
This property, located in the highly sought-after area of Waverley, offers a prime development opportunity. With 3,700 sqm of secure, boomed-off land, zoning is already in place for the construction of up to 11 townhouses or clusters, making it ideal for a developer seeking a seamless start to their project.
Located on Knox Street, the property boasts a perfect location, close to top schools, shopping centers, and religious institutions, with easy access to the M1 highway. The stand is level, requiring minimal groundwork, ensuring cost savings and efficiency during construction.
An existing main house, cottage, and outbuildings are included, offering a solid foundation or potential to refurbish as part of your development plans. With council approvals already secured, there’s no waiting—development can begin immediately!
This is a rare opportunity in a highly desirable area, blending convenience and investment potential.