Development land in sought after location in the Menlyn Node.
We present a fantastic development opportunity for an astute developer in the sought-after Waterkloof Glen x 2. Close to Menlyn Maine and Menlyn Shopping centres. Residents will have easy access to main roads, top schools, hospitals, shopping, dining and entertainment.
Development Land - 2 combined stands comprising of 2 728 m2.
Zoned for 32 units, with double garages and private gardens.
Please note that there are certain conditions contained in the approval letter that need to be complied with prior to the new land use rights coming into operation.
Bulk services are still outstanding.
Main features:
- Housing: Two full-title homes presently situated on the property.
- Income Potential: The existing homes are currently rented out on a month to month besis. This presents a unique
opportunity to earn rental income.
- Location: The property boasts a prime location in Waterkloof-Glen, a sought-after area. It is conveniently close to
two major shopping centres: Menlyn Maine and Menlyn, ensuring future residents will have easy access to
shopping, dining, entertainment, top schools as well as easy access to main roads.
