UNDER OFFER
Web Ref DPR18262
R698,000
Monthly Bond Repayment R7,204.67
Calculated over 20 years at 11.0% with no deposit.
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Monthly Rates
R650
R650
Massive Developer Opportunity in Riversdale
This expansive property, measuring 7,576 square meters, presents a remarkable opportunity for developers in the thriving heart of Riversdale. The site currently features a three-bedroom house, which, while in need of significant tender loving care (TLC), provides potential for renovation or repurpose. Fully fenced and equipped with a borehole, this land is not only suitable for immediate residential improvement but also holds great promise for development and subdivision, allowing for the optimization of space.
Notably, the absence of dolomite testing requirements on the property streamlines the development process, making it an attractive investment for those looking to capitalize on the area's growth potential. This is a unique chance to transform a substantial parcel of land in a desirable location into a profitable venture.
Notably, the absence of dolomite testing requirements on the property streamlines the development process, making it an attractive investment for those looking to capitalize on the area's growth potential. This is a unique chance to transform a substantial parcel of land in a desirable location into a profitable venture.
Features
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Garages
1
Security
Yes
Parkings
10
Pool
No
Sizes
Land Size
7,576m²
