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R3,500,000

Vacant Land Residential for sale in Parkmore

Vacant Land Residential For Sale In Parkmore

Investors seeking a lucrative opportunity in the sought-after Parkmore area, look no further! Presenting a prime vacant land parcel already rezoned with approved development rights, offering immense potential for visionary developers.

Key Features:

Rezoned Development Land:

This property comes with the invaluable advantage of already being rezoned, streamlining the development process significantly. A letter from the council confirms approval for the construction of 20 units spanning three floors each.

Versatile Investment Options:

With approved plans in hand, developers have the flexibility to proceed with either a development and sell strategy, maximizing returns through unit sales, or explore the rental option for steady, long-term income streams.

Strategic Location:

Situated in the heart of Parkmore, this property enjoys close proximity to Sandton and major shopping centers, offering residents unparalleled convenience and access to a myriad of amenities.

Excellent Connectivity:

Benefit from exceptional access to major highways, ensuring seamless connectivity to Sandton, Fourways, Randburg, and beyond. This strategic location enhances the property's appeal and investment potential.

Land Size:

Spanning a generous land size of 636 m2, this property offers ample space for the envisioned development while maintaining a manageable footprint for efficient utilization and construction.

Investment Opportunity:

This exceptional development opportunity is poised to deliver substantial returns on investment in one of Johannesburg's most desirable locales. With approved plans in place and a strategic location offering convenience and connectivity, this property represents a compelling proposition for astute investors.

Don't miss out on the chance to capitalize on Parkmore's thriving real estate market.

Contact Piet today to seize this exclusive investment opportunity!

Disclaimer: All measurements and figures are approximate. Terms and conditions apply.

Property Type
Vacant Land Residential
Reference
ENT0274040
Property history
Listed for sale at R3,500,000
22 Mar 2024
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Considered as the heart of Johannesburg, Sandton is one of the most important financial and business hubs in South Africa. It attracts many industry business powerhouses to its centre and along with it comes those seeking to make a name for themselves here.
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