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R13,200,000

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R4,275 Excl. VAT

Prime vacant land with approved plans for 90 units close to Wonderpark.

Are you looking for a golden opportunity in real estate development? Look no further!
We are excited to present 1.28 hectares of prime land for sale in the prestigious Karen Park area.
This land is a developer's dream come true, offering immense potential for constructing 90 luxury apartments.
With bulk services already in place and approved plans, your project can get underway without delay.

Key Features:

Location, Location, Location: Situated in the highly sought-after Karen Park area, this parcel of land benefits from a prime location, ensuring strong market demand for your apartment development. This vacant land is next to Wonderpark Shopping mall, Nedcare hospital & clinic.

Large Land Parcel: Spanning 1.28 hectares, this land provides ample space for a sizeable apartment complex, offering residents a comfortable and spacious living environment.

Development Potential: With approved plans for 90 apartments, this property is ready for your construction project to begin. Save time and money with this head start.

Bulk Services: The convenience of having bulk services already in place means your development will be hassle-free. Everything from water and electricity to sewage and roads is ready to support your project.

Investor's Delight: Whether you're an experienced developer looking for a new project or an investor seeking a lucrative opportunity, this land offers excellent potential for a high return on investment.

In Conclusion:

This 1.28-hectare parcel of land in Karen Park represents an exceptional opportunity for the savvy developer or investor. With approved plans and bulk services already in place, you can hit the ground running on your apartment construction project. The prime location and the high demand for housing in this area make this land a valuable addition to your portfolio.

Don't miss out on this unique chance to make your mark in the booming real estate market.

For more information or to schedule a site visit, please contact me!

 
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Expenses

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MONTHLY REPAYMENTS

 

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Monthly Payment

187,478.89

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