Vacant stand ready to be developed. The stand is situated in the well know Bult area and is surrounded by various developments which consist, amongst others of family homes, student houses, apartment blocks as well as a retirement village.
The dynamics of the area make this a versatile property that can be used for almost any type of residential development. By rezoning the property, you will be able to build more units - up until a small apartment block.
The area has seen a steady and continuous supply of new and popular developments that has attracted the eye of many renters, which is predominantly students and young working individuals. Developing this property can ensure a good rental income for investors!
Contact me for more information, town planning advice for rezoning of the property, and for area statistics - all of which will support this great opportunity!