2,164m² Vacant Land For Sale in Observatory

R1,600,000

101 Mons Road

Monthly Bond Repayment R17,062.87
Calculated over 20 years at 11.5% with no deposit.

Web Ref No FHR448

Investment Opportunity - LAND FOR SALE

Investors!! A lucrative offer is now available in the prime boomed of suburb of Observatory Jhb. A walk away from prestigious schools and easy access to all other amenities, the suburb is centrally located. A 2-bedroom cottage on 1000m² plot which is well suited and approved for development of 4 townhouses up to 3 floors in height. The cottage may be rented out- either earn rental income while your building project resumes; or live in and oversee your project in progress. Accommodation in the area is in high demand due to safety and care by residents' associations and secure lifestyle provided by 24 hr. security patrols all within boomed off suburb.

Property Details
Purchase Price R 1 700 000
Building Size 67m²
Price Per SQMR 2857 m2
Type of Property Cottage
Land Size 1000 m2
Pets Allowed
2 Bedrooms