Price ZAR1,750,000
4 Bedroom House For Sale in Komatipoort
4
2
2
Land Size: 2855m²
Calling investors & developers: rezoned property with fair rental income and maximum residential 3 development potential
Sole exclusive mandate. Viewing strictly after prior arrangement through the agency.
This property location is excellent in the context of the special economic development and Komatipoort X 18 developments awaiting Komatipoort. The prospects of other developments in the close proximity of this stand also add significant value to this land.
The existing house is not formally let out, at an income, since the relation in-between the owner and tenants justifies no rent to be collected. Yet, when acquired, a rental income in the region of R 20 000,00 can be agreed to, from the very same occupants. Hence the property invites both investors and/or developers, who may land bank within the comfort of tenants who enjoy the property.
The bulk service contribution due, should this property be developed in line with the envisaged plans, is already computed.
The envisaged development is well considered. By now those higher residential developments in Komatipoort, in the surrounds of this particular plot attract contracts and few are not filled. The demand for the envisaged development is self-explanatory
.
Property Features
- 4 Bedrooms
- 2 Bathrooms
- Kitchen
- Office/study
- Double garage
Sorry! There are no available floor plans for this property.
Sorry! An EPC is not available for this property.
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Agent Details
Jan Engelbrecht
PRIMARY CONTACT
T: +27 (0)13 790 0898
M: +27 (0)82 784 5682
jan.e@fineandcountry.com
Fine & Country Lowveld Kruger South
Komati Square
Komatipoort
Mpumalanga
1340
South Africa
T: +27 (0)82 784 5682
E: jan.e@fineandcountry.com
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