Development Opportunity in Quiet Cul-de-sac!
Seize the opportunity to own this incredible 426m2 parcel of land in Grassy Park! Offering great value, this spacious plot is perfect for anyone seeking to build their dream home or make a smart investment. Similar sized erven have been divided into two sectional title units with sale prices of R1,050,000 for a 51m2 unit and as much as R1,599,000 for a 109m2 unit.
Located in a quiet cul-de-sac in a quiet neighbourhood, this land provides a peaceful and secure environment, with easy access to the M5 for those commuters going to work. Currently there is a 48m2 tandem garage that has been converted into 1 bedroom apartment. This could easily be converted back into a garage or renovated to provide accommodation.
With property prices steadily climbing in the Western Cape and in particular Grassy Park, purchasing this land is an exciting opportunity to create your perfect home and a wise financial move for the future.
The property is located close to Princess Vlei Park with its lovely braai areas overlooking the kids playground. It is also within walking distance to Kannemeyer Primary School and plenty of shops for your shopping convenience.
ERF Extent: 426 m2
Building Extent (approx.): 48m2
Rates (approx): R334/m
Sole Mandate
Victoria Silberbauer is a representative of Real Estate Power CC, T/A RE/MAX PREMIER, an Independently Owned and Operated Franchise of RE/MAX SA.
