PROPERTY FOR SALE WITH FIVE ESTABLISHED LIVING HOUSES IN EASTVALE
A 2000 sqm property consisting of 5 living units, each with a large, independent, settled garden:
1 - 3 bed 2 x bathroom
1 - 3bed 1 x bathroom (with wendy house and own bathroom)
3 - 2bed 1 x bathroom units
5 rental contracts with income over r30 000/m
Complex zoned for at least 10 x- 2 storey accommodation
7 x carports; large trees, spacious bedrooms and living areas.
Each with prepaid water and electricity meters
Borders on a fully developed 12 unit living complex
Eastvale/modder east is an attractive suburb with upper middle-class houses; nearby petrol station; 3x large shopping centres; school; children play ground and 3 churches
Eastvale has also 6 developed living complexes and is 5minutes away from jhb /witbank n2 highway.
Perfect opportunity for a serious developer - already zoned !!! 5 income producing flats currently on the property
Discover a unique opportunity with this expansive plot of land for sale, strategically located in a flourishing neighbourhood. This plot comes with comprehensive development plans already in place, offering a seamless transition to your vision for growth.
Currently, the plot boasts five fully tenanted houses, generating steady rental income, making it an attractive investment from day one. Each house is meticulously maintained and contributes to a reliable cash flow stream.
There are development plans included. As well as you have the assurance that you can immediately capitalize on the existing rental income while advancing your development goals without delays.
Key features:
⢠income potential: five well-maintained houses with established tenants ensure immediate rental income.
⢠development ready: approved plans for further development offer a clear path to expanding the propertyâs value.
Whether youâre looking to expand your rental portfolio or embark on a new development project, this plot offers a compelling proposition. Donât miss out on this rare opportunity to secure a prime plot with income-generating potential and future development prospects.
This is the perfect opportunity for serious developers. The property is situated on a good tarred road and adjacent to another development next door.
The property will be perfect for full title or sectional title residential development.
The property is close to many other residential developments as well as shopping centres, schools, churches and highways.
You can now put your personal stamp on the development and take the application to completion and develop it to your personal preferences.
Please call me for further information and a private viewing!!
Call to arrange your private viewing now!
Features
Finance
R0,00
R0,00
Disclaimer
While every effort will be made to ensure that the information contained within the Clockwork Properties website is accurate and up to date, Clockwork Properties 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.