House for sale in Lentegeur

PRIME DEVELOPMENT OPPORTUNITY - VACANT ERF; WITH APPROVED PLANS FOR MIXED USE VISION An exceptional Investment opportunity presents itself with strategically situated vacant erf. Ideally positioned for a high yield mixed use development roadmap. DEVELOPMENT OVERVIEW: The proposed project comprises: - 13 Modern residential apartments (First Floor) - Ground floor retail component - Drive-through grilled chicken outlet Architectural plans (currently pending municipal approval) outline a well-designed, functional layout incorporating: Efficient residential units with natural light and practical flow Strong street-facing retail exposure Integrated access, circulation and parking solutions Contemporary elevations and structural designs Anchor Tenants Secured: A major advantage of this opportunity is that lease agreements have been secured with; 1) A major retail brand 2) A popular grilled chicken outlet, situated within walking distance from high traffic and bustling neighborhoods This significantly reduces leasing risk and enhances the project's immediate income-generating potential upon completion. KEY INVESTMENT HIGHLIGHTS: - Mixed-Use development in a growing high demand area - Pre-secured national tenants ensuring foot traffic and stability - Strong rental income potential from both residential and commercial components - Plans already advanced - saving time and development costs - Ideal for developers, investors or joint-venture partnerships PLANNING STATUS: - Municipal plans submitted and pending approval - Full architectural drawings and lay-out plans available on request CONCLUSION: This is not just a vacant erf, it is a ready to execute development opportunity with foundational elements already in place. With anchor tenants secured and a clear vision established, this development offers both immediate and credibility and long-term upside.