Property description
This special 4,015 m² stand presents an exceptional opportunity for your next residential development project in the highly sought-after Ferndale area. Currently, the property is home to reliable tenants, but the most promising potential lies in its residential development capabilities.
The stand is equipped with a borehole, three-phase electricity connection, and an established sewerage system, making it a convenient choice for developers. Its prime location enhances its appeal as a desirable residential area, with Malibongwe Drive providing easy access to the North Riding and Cresta areas, as well as the nearby Ferndale on Republic Shopping Center.
I am particularly enthusiastic about the development potential of this property. So, developers, don't hesitate! Contact me today for an exclusive viewing and to discuss and negotiate before this opportunity is gone!
- Freehold
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
