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4B Wapnick, Peerless Park East, Kraaifontein, Western Cape
R 1 250 000
Investors Dream! Development Land with Plans for 11 ApartmentsThis 850 m² plot offers an unbeatable location, right next to Kraaifontein Station with direct access to the N1. A rare find for savvy investors looking to develop in a high-demand area.The property comes with the added advantage of previously approved council plans for 11 contemporary 2-bedroom apartments plans have since lapsed. With the groundwork already completed, updating the plans will be a smooth process, saving you valuable time and effort.Highlights:Excellent visibility and accessibility850 m² erf with huge potentialPlans for 11 modern apartments 2 bedrooms eachPerfect location for commuters and familiesFantastic investment opportunity to expand your property portfolioWhether youre looking to develop for rental income or resell modern apartments, this property ticks all the boxes.Contact us today to secure this opportunity. Show more Show less
Estimated monthly repayment
R 11 804
on a R 1 125 000 bond over 20 years at 11.25%
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4B Wapnick, Peerless Park East, Kraaifontein, Western Cape
Listed by
Ayanda Modise
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