Prime waterfront development opportunities

ZAR 7,278,175~€390,749

Description

Experience prime waterfront development opportunities just a 5-minute drive from the prestigious North-West University, situated in the LSM 10 and burgeoning growth point of the city. This expansive stand spans 12,009 sq. m. (1.2 Ha.) and offers the perfect canvas for the construction of 48 houses, studios, or townhouses, boasting stunning views of the Lakeside Resort, also known as the Potchefstroom Dam. Nestled opposite the sought-after Tuscany Ridge Estate, known for its high-end properties, this site is truly one-of-a-kind. Residents will enjoy convenience with the Vyfhoek Shopping & Retail Centre, featuring shops, restaurants, and a state-of-the-art Planet Fitness Olympus Gym, right at their doorstep. The property is zoned Res 3 and is priced at R7,278,175 plus VAT Adjacent to this stand is another residential stand (zoned Res 3): Erf 1909 spanning 10,200 sq m = R6,181,812 plus VAT Engel & Volkers Projects Potchefstroom, boasting a successful track record of managing 80+ developments, can provide expert assistance to both new and experienced developers. Our services include market research, product development, tailored market strategies, sales targets, and project management by our dedicated Project Manager.
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Engel & Völkers Potchefstroom

Your advisor: Carl Venter

Property ID: ENV120469

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