This excellent opportunity is situated in an approved and proclaimed township near to Sediba Plaza Shopping Centre. Fairly the whole of the township has already been built up and this erven is still available.
The zoning is for "Residential 3" with a coverage of 60% and a FAR of 0.6. Building height is 3 storeys.
If the developer chooses to densify the development it is easy to rezone the erven for even a higher floor area ratio. If the developer chooses to have the erven rezoned for some other use such as business purposes it is also possible. All municipal services are available because the township is already proclaimed.
Building Plans for a development for " Residential 3" have also already been approved by Madibeng Municipality. Building construction on the first floor has already started. The residential portion 19 will consist of 26 units per 52m² each. The erven has already been consolidated and the SG Diagram is approved but not yet registered in the Deeds Office.
This stand is in a proclaimed township. This stand is the only high density "Residential 3" stand within the business area wherein all the roads, water, electricity and sewerage services are available. There is a very big demand for this residential unit in this area.
The proposed development is within Melodie north of Hartbeespoort dam offering lovely mountain views and walking distance from all important amenities.