R1,280,000
Monthly Bond Repayment R13,430.47
Calculated over 20 years at 11.25% with no deposit.
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3800sqm Erf For Sale in Mookgopong
This 3800 sqm double erf located in the heart of Mookgopong presents a fantastic investment opportunity for developers and investors. Fully walled and perfectly situated, this property has been rezoned and approved for the development of 44 double-storey units, making it an ideal choice for a residential or mixed-use project.
Key Features:
Prime Location: Centrally located in Mookgopong, this property is easily accessible and conveniently close to local amenities, schools, and shopping centers, offering excellent potential for a thriving residential development.
Double Erf – 3800 sqm: The property consists of two combined erven, providing a spacious area ideal for large-scale development.
Fully Walled: The erf is fully walled, providing security and privacy, which is a significant advantage for future development projects.
Rezoned and Approved for 44 Double-Storey Units: The property comes with approved rezoning and development rights for 44 double-storey units, streamlining the process for developers and reducing initial setup costs and time.
Ideal for Development: With its size, zoning, and central location, this erf is perfect for developing residential units, apartments, or a gated complex catering to Mookgopong’s growing demand for housing.
Investment Potential: The approval for 44 units presents an excellent opportunity to maximize returns on investment, whether through sales, rentals, or a combination of both.
Development Ready: The erf is already cleared and ready for development, reducing preparation time and allowing you to move forward with your project quickly.
Summary:
This 3800 sqm double erf in Mookgopong is a prime development opportunity, fully walled and ready to be transformed into a residential complex with 44 approved double-storey units. With its excellent location, rezoning approvals, and substantial size, this property is perfect for developers looking to capitalize on Mookgopong’s growing market.
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PROPOSED DRAFT SITE LAY-OUT 1171 NABOOMSPRUIT (1).pdf | 760.4 kB | Download |