Property

Wonderful opportunity buy this development land and build your own housing complex. With this 2.3 Ha in the upmarket area of Bloemfontein you will be able to build up to 45 units with a possible total profit of up to 15mil. Cost per serviced building stand works out to about 190k . This Property is almost level and only slightly sloped this make the rainwater drainage very easy and low cost also the main sewage pipe is right in front of the property and power availability is also close by. With the shortage of properties in this area and the growing need this is a must buy. Currently this property is earmarked for future housing development and most of the stands around are already sold to developers. There is also a big 7 bedroom house on the property. with outbuildings and 2 boreholes that is not currently used. Do not wait this opportunity will not last. It is situated next to one of the upmarket neighborhoods in Bloemfontein. Even just buying it and keeping it is better than money in the bank ..