Property description
DEVELOPERS, HERE IS YOUR GEM
Two adjacent stands, one golden opportunity.
• Zoning: Res 3 – Approved for 120 units/Ha – that's 41 units in total across both stands.
• Stand 1: 2230sqm | Stand 2: 1231sqm
• Extensions are in place
• Tribunals are done and dusted
• Plans are drawn up
• Bulk services + consolidation + final rezoning – YOUR move to complete.
Bonus: Both stands come with income-producing homes. Tenants in place, and the rental returns are strong. (LOW holding costs)
• Side by side. Perfectly positioned.
• Location, potential, and solid returns from day one.
Lock it in before someone else builds your vision.
Menlo Park has a central position near the N1 highway, within easy reach of the CBD, is near major shopping malls (Menlyn Park and Brooklyn Mall), and has a revamped heart, with a theatre, coffee bars, restaurants and cafés.
- Freehold
- Pets Allowed
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
