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R19,600,000

Vacant Land Residential for sale in Linbro Park

17,665m²
Pets Allowed
A Rentable Business House Together With 13 Cottages On An Impressive Non-rezoned 17,665 M2 Stand

It is a rentable business complex with its main house together with 13 cottage Units.

This full package could be used for a Retirement Village, A Rehabilitation Centre,

Training School Centre ...Name them...

This impressive non-rezoned stand spanning 17,665 m2.

The property boasts rented accommodations that generates a monthly income of approximately R100,000.

The rental units consist of a spacious main house with 3 bedrooms and 2 bathrooms, as well as

13 units with either 2 or 1 bedroom options.

One of the standout features of this property is the very strong borehole, which reaches a depth of

over 150m with a water level of about 30m.

This means that there is virtually no difference in water supply between summer and winter, making it highly reliable. In addition, the property is not reliant on municipal water, offering independence and peace of mind.

Situated in an area exclusively reserved for high residential development according to the Council Master Plan,

this stand is ideally located next to a beautiful development by a renowned property developer in Linbro Park.

The surrounding area has already been meticulously treated for development, ensuring a seamless transition

for any future plans. Whether you are looking for a straightforward sale or a joint venture opportunity,

this property offers a clean deal and welcomes both options.

This is a precious opportunity that awaits your call.

Please note that viewings are available by appointment only.

Property Type
Vacant Land Residential
Stand Size
17,665m²
Pets Allowed
Yes
Reference
OYR3296
Estimated monthly costs
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R202,308
Home loan repayment
R202,308
Utilities
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Property history
Listed for sale at R19,600,000
08 Aug 2024
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