PRICED TO SELL ! OPENING BID R1,500,000
SOUGHT AFTER LAND REZONED READY TO BUILD
This ideal opportunity only knocks once.
This area is in high demand for student accommodation.
Approval for land Erf 538 and Erf 539 Brixton, together a total of 990m².
Zoned from residential 1 to residential 3 which has been obtained from council.
The registered Erf have been rezoned for a maximum of 160 dwellings per ha, therefore with the combined erven you would be allowed for 15 dwellings or a residential building with a maximum of 60 beds.
The site has been cleared with no more improvements on the Erfs.
The site is flat covered by grass and a couple of trees.
Due to the property previously being a residential residence, services are available.
The site is in a prime position located just North of High Street/Bartlett drive, giving you main access to arterial roads and highways.
Ideally situated in an area with a high demand for student accommodation.
4.5 km West of Johannesburg CBD.
Primarily located 1.4 km from the University of Johannesburg (UJ) campas.
Key developments in the area include, Brixton Tower, Garden City Hospital, SABC TV and Pick ‘n Pay supermarket.
Address: 137+139 Collins Street, Brixton
Date: Wednesday, 02 June 2021
Registration and Viewing opens 1 hour prior to the auction