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Residential development opportunity

Ref # 2369307
R5,500,000
Property Details
1,492m²

Excellent residential redevelopment opportunity in sought after node of N’dabeni. Ideally positioned with easy access to N1 and N2 Highways, M5 Freeway and all other major arterial roads, as well as the new Amazon Headquarters, now accessible from the new Berkley Road extension.

The site currently comprises 2 adjoining erven with improvements as pictured. The erven have been consolidated.

Site development plans approved for an apartment block comprising 42 Apartments (39 x 2bed; 3 x 1 bed), with 42 Parking Bays. Final plans will need to be submitted to council as a formality but the approved site development plans have already been through planning; traffic; zoning, etc. approved demolition certificates are already in place.

The site is surrounded by several other smaller blocks of flats. Located in sought after, central node popular for residential accommodation.

Property Features
Property Type
Vacant Land Commercial
Land Size
1,492m²
Costs and Terms
Rates & Taxes
±R4,800
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