Versatile Smallholding in the City with Income

If you can dream it you can do it on this 8,580m2 agricultural holding in the middle of town. The land is almost flat with its long border on a very good street and fenced on all four sides. The neighbours are mostly residential estates. Water and electricity is close by and it is serviced by a very good tarred road making it perfect for residential development. Location is excellent close to schools, shopping centres and major highways.

City council has indicated it will consider residential developments, up to residential 3, of both freehold stands (approximately 30 units), and sectional title (approximately 70 units) on the property. This makes it very lucrative to potential developers. On top of every thing else the property has a signed contract for a cellular tower for R6,950 pm to be erected on the property. This creates a steady, guaranteed monthly income for the owner. However, the property is still agricultural so it will suit a small scale farming operation, very good grassland, or a single residential home very well. If you can dream it……
There are multiple shopping centres like Carnival and Brakpan Mall close by. So is Dalpark Primary School and the N17 as well as Carnival City a short drive away.