Vacant Land Commercial for sale in Parkmore

SOUGHT AFTER, UNIQUE RES 3 DEVELOPMENT OPPORTUNITY

VACANT LAND IN A HIGH DEMAND, PRIME, CONVENIENT & SECURE PARKMORE LOCATION

POTENTIAL MARKETS: BE THE SOLUTION

• RENTABLE, SECURE STUDENT ACCOMMODATION:

·ADDRESS THIS HIGH DEMAND MARKET FOR QUALITY ACCOMMODATION. (Within an 8km radius of well known tertiary institutions, shops & public transport are within walking distance) Potential highly competitive rental income figures

• APARTMENTS GEARED TOWARD YOUNG PROFESSIONALS: Major routes, shops, entertainment facilities, Banks and Blue-Chip Corporate HQs nearby
• RETIREMENT UNITS: Morningside Medi-Clinic, shops, & key routes are easily accessible

THE PROPERTY:

• + 1500sqm stand - can accommodate 2 entry points
• High density res 3 Zoned - info available on request.
• Upmarket 6-7 storey apartment scheme potential.
• Potential for 100 to 150 rentable units with select parking (Quantity determined by size of each unit)
• Gated suburb enclosure – 24 hour security
• Units have potential for North, South, East or West views
• On the doorstep of Sandton CBD

REQUIRED:

• SDP submissions to be done
• Demolition to be undertaken and Bulk Contribution payments required. Actual contribution amount is determined by the quantity of units to be built.

LOCATION:

• Secure suburb. Within the ambit of Sandton CBD, major routes, Gautrain, Morningside Medi-clinic, entertainment & educational hubs, shopping malls, Blue-Chip company HQ`s, Banks, Stock Exchange
• Within an 8km radius of Tertiary educational facilities
• Sought after location with huge multi-market potential
• Great investment ROI opportunity, & location for a rental scheme (Market research undertaken)
• PAYABLE: TRANSFER DUTY & Conveyancer legal fees
• 30% Deposit required
• In house Bond / Development Bond assistance available

VERY SERIOUS SELLER - FOR FURTHER INFO CALL NOW - LET`S MEET, VIEW & NEGOTIATE

Please Note: NO JV`s will be considered.