Vacant land sold in Westville

Ideally situated in central Westville you will find this amazing development opportunity.

Zoning:

The site has intermediate Residential 4 Zoning which allows for 10 Units per 10 000 sqm. The land size is around 12300 sqm thus allowing for 12 units to be built.

There is a possibility to consolidate and further densify the site subject to approval from council which will then allow for more units to be built.

Location:

located in close proximity to Varsity

College, Westville Mall, Westville Schools and places of worship.

There is also an option of purchasing the adjacent house which is set on a land size of approximately 1700 Sqm and backs up on to the land. This would allow for a second entrance to the site. Currently the house is generating rental income of R 24 000 pm. Sale price for the house is R2.3 M.

Ideal Development Opportunity, call Ebrahim to view. Further information to be provided at site visit