11,2ha of Prime Location Development Land within Potchefstroom
This property is excellently located and is ready for an inspired and motivated buyer to transform this piece of land into the next most sought after residential development.
The property has approved Residential 3 land use rights which means that 122 units per hectare can be developed on the property. The administration process has nearly reached the end of the line and thus this the land provides the new owner the opportunity to start with development in a very short space of time. We have all relevant information on hand to provide you with all the details regarding the zoning and township establishment process.
The property borders the Modderdam Road within Potchefstroom which links with the N12. It is further surrounded with existing and new planned township extensions which supports not only the popular location of the property, but also emphasises the need for new residential developments within town.
The property offers a scale and location which enables the buyer to utilize the land in various different ways - maximising potential of what can be done here.
Taking various factors into consideration (will be explained upon meeting with an interested buyer), the following examples for use of the property with regards to residential development, are only a few to mention:
1. Full potential - Build 122 units per Ha = 1 366 units
2. Medium density development - 25 unite per ha = 280 units
3. Divide land into smaller pockets and sell to other developers
4. Provide Low Density housing stands ranging between from 1000sqm to 5 000sqm stands
5. Mix of different housing and/or density types.
Call to arrange your private viewing now and to discuss the various options available to maximise your investment!