This 2.1-hectare property, located on Die Oupad, Harveston, offers a strategic opportunity for developers. Surrounded by completed and ongoing developments, it is well-positioned for a new residential project.
Key Features:
Consent for 67 residential units, streamlining the development process.
Deeds Office-approved Division, allowing for potential subdivision into two separate properties to service 2 different complexes which can service to different target markets.
Water and electricity supply available at the property, with electricity already brought onto the site and additional supply currently being negotiated.
Strong borehole providing a reliable backup water source for development.
Existing rental income of approximately R60,000 per month, generating cash flow during
the planning and approval phases.
Strategic Location & Potential
Positioned among established and new developments, confirming the area's growth potential.
Confirmed capacity for development, ensuring a smooth approval process.
The rental income helps offset holding costs, including rates and taxes, while development plans are finalised.
This property offers a rare combination of immediate returns and long-term development potential.
For more details or to arrange a site visit, contact us today.
Development land in the heart of Harveston.
Current rental income from housing R 60 000
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