14,814m² Vacant Land For Sale in Faerie Glen

R15,000,000

165 Haymedow Crescent

Monthly Bond Repayment R159,964.44
Calculated over 20 years at 11.5% with no deposit.

Web Ref No RNR19842

Prime 1.43 ha Development Opportunity: Ideal for Investors and Developers

This rare 1.43-hectare property is a prime investment opportunity for developers and investors seeking exceptional potential. Located in a highly desirable area perfect for residential development, this property features two houses—each with a pool (one indoors)—and four fully rented flats, providing immediate rental income.

The land’s true value lies in its expansive space and strategic location, enhanced by access to natural water sources including a borehole and spring. The property is already well-positioned for development, with applications for "Consent Use" as a "Place of Instruction" underway and critical reports on stormwater management, construction feasibility, and traffic impact completed.

Situated near key amenities like the Dischem Centre and M&T Business Park, this property combines convenience with unmatched potential for growth. Don’t miss out on this unique opportunity to develop in a sought-after area with significant return prospects. Act now to secure this valuable asset!