NEW
SOLE MANDATE
Web Ref RL2702
R4,649,000
Monthly Bond Repayment R46,414.68
Calculated over 20 years at 10.5% with no deposit.
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PRIME DEVELOPMENT OPPORTUNITY – APPROVED FOR 24 APARTMENTS IN THE HEART OF BELLVILLE
Positioned in a well-located pocket of Bellville, this vacant stand presents a rare and exciting opportunity for developers and savvy investors.
With approved building plans for 24 apartments, much of the groundwork has already been done—allowing you to move straight into development and fast-track your return on investment.
This area is currently experiencing a shortage of rental stock, creating strong demand from tenants and positioning this development for excellent occupancy and attractive rental yields.
Ideally located close to major transport routes, business hubs, schools, and amenities, the property offers convenience that today’s tenants actively seek.
Whether your strategy is to build and sell for profit or develop and retain for long-term rental income, this opportunity ticks all the boxes.
Key Features:
Approved plans for 24 residential units
High-demand rental area with limited supply
Strong potential for solid rental returns
Centrally located near major hubs and amenities
Ideal for sectional title sales or rental portfolio
Opportunities like this, with approvals already in place and strong rental fundamentals, are increasingly hard to find.
Don’t miss your chance to secure a high-potential development site in a growing and in-demand area.
Sole & Exclusive Mandate!
Better Call Stephen
With approved building plans for 24 apartments, much of the groundwork has already been done—allowing you to move straight into development and fast-track your return on investment.
This area is currently experiencing a shortage of rental stock, creating strong demand from tenants and positioning this development for excellent occupancy and attractive rental yields.
Ideally located close to major transport routes, business hubs, schools, and amenities, the property offers convenience that today’s tenants actively seek.
Whether your strategy is to build and sell for profit or develop and retain for long-term rental income, this opportunity ticks all the boxes.
Key Features:
Approved plans for 24 residential units
High-demand rental area with limited supply
Strong potential for solid rental returns
Centrally located near major hubs and amenities
Ideal for sectional title sales or rental portfolio
Opportunities like this, with approvals already in place and strong rental fundamentals, are increasingly hard to find.
Don’t miss your chance to secure a high-potential development site in a growing and in-demand area.
Sole & Exclusive Mandate!
Better Call Stephen
