Excellent opportunity for the keen investor!

Excellent opportunity for the keen investor. This vacant land is situated in an approved area near Sediba Plaza Shopping Centre. 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 erf for even a higher floor level. The land can be utilized for business purposes if so desired. All municipal services has already been proclaimed. Building Plans for a development for "Residential 3" has already been approved by Madibeng Municipality. Building construction on the ground floor has commenced. The residential portion 19 will consist of 26 units, 52m² each. The erf has been consolidated and the SG Diagram is approved but not yet registered in the Deeds Office. This stand is the only high density, all the roads, water, electricity and sewerage services are available. The estate falls within the suburb of Melodie, located on the northern side of Hartbeespoort Dam and surrounded by the Magaliesburg Mountain range. Melodie is situated close to many Schools, shopping centres, business facilities and medical centres. Melodie is also closely situated to Rustenburg, Pretoria or Johannesburg .The surrounding area offers various entertainment possibilities, wildlife sanctuaries, golf course and good food restaurants. Water sports can be enjoyed on the dam and availability of 3 aqua clubs that you can become members of.