Vacant Land / Plot For Sale in Elandsfontein, Germiston

Reference LH-93047

R45,000,000

Price Reduced

Monthly repayment: R487,668

Property purchase price

R

Deposit

R

Interest

%

Prime lending rate 11.75%

Term

5 years10 years15 years20 years25 years30 years

Monthly repayments

R487,668pm

Required gross income: R1,625,560pm

Prequalify for an exact amount

Industrial / Business Property or Potential for High Density Residential The property is Currently Zoned Industrial 1, with a 85% Coverage, with a 0 Height Restriction!!! The property can be easily converted to Residential. Between Olifant, Kraft, Serenade & Amber St, Elandsfontein / Rietfontein - Germiston (Near Jetpark) Prime and NOW READY for Development - +-52,000 Square Metres The first 9874 SqM from the initial +- 62,000 SqM has been sold to the municipality. The front section will have a new infrastructure including a new formal taxi rank and other facilities. High Density Residential A Full Feasibility Study has been completed for High Density Residential on the property. The results are outstanding should a developer wish to convert to Residential. Full details of the study will be available upon full qualification of the interested party. Strengths and Opportunities Accessibility Proximity to public transport facilities Proximity to employment areas Proximity to residential development Site is not environmentally sensitive Site is surrounded by existing infrastructure Minimum of 560 Units can be built. Up to 780 could be built!