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Table View: Duplex Block with Adjacent Vacant Erf. Further Development Potential
BLOCK OF 6 LARGE DUPLEXES WITH ADJACENT VACANT ERF IN PRIME LOCATION, FURTHER DEVELOPMENT POTENTIAL
GUIDE PRICE R 5 500 000 TO R 6 200 000
1st PROPERTY DESCRIPTION - GRASSO COURT (2 GIE ROAD)
Offering 6 large unsectionalized duplexes divided into:
4x 2 Bedrooms duplexes (90m²) with own backyard with bathroom, guest loo, lounge and fitted kitchen
2x 3 Bedrooms (110m²) duplexes with own back yard, 2 bathrooms, guest loo, lounge and fitted kitchen
6x lock-up garages (20m²)
7 Parking bays (2 more parking bays possible)
Electric fencing, fibre optic ready
Property not sectionalised, offering massive potential
Potential rental - 6 Townhouses: ± R720,000 p.a.
Potential rental - Vacant site: ± R120,000 p.a.
Potential rental combined: ± R840,000 p.a.
2ND PROPERTY DESCRIPTION- 287 BLAAUWBERG ROAD
Adjacent vacant site for further development or rental
Erf no & size: 3401, Milnerton (1314m²) (1st property)
Rates p.a. ± R20,037
Zoning: General Residential 3
Erf no & size: 34541, Milnerton (1753m²) (2nd property)
Zoning status: Open Space 2