At this time in terms of the SDF, 2016, a density of 20 units per hectare is achievable on the property. The land is currently unzoned.
A higher density can be motivated through an application to the local authority and so the motivating factor will include the location of the site at the intersection of 2 arterial routes and, also precedent of densities of up to 50 dwelling units per hectare on both these routes.
The Property is 3,965 sqm in extent and so this would permit the development of anywhere between 7 and 19 dwellings units. The seller is highly motivated to sell this property, and I can confirm that there are no outstanding rates on the property, but it is sold in its entirety as a freehold property.
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dean@360degreerealtors.co.za
dean@360degreerealtors.co.za
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