A development opportunity like few others that will ever become available in the sought after and super central suburb of Kelvin. 2 plots of land with a total size of around 4600 sqm is now available for purchase, paving the way for potential development opportunity of clusters or apartments to be built in the spaces.
With town planning in the locality suggesting up to 40 units that could be built on the property, there is ample opportunity for an investor to acquire this and turn the opportunity into an extremely viable development pursuit. It is also possible to buy one of the plots on the property instead of both, depending on what individual clients needs are.
The properties are currently zoned Res 1, and would need to be consolidated and rezoned in order to have development take place. Conversations about the current owners bringing equity to the table via the land are possible, with the preferred option being a complete buyout of the land portions from the current owners. One of the plots is already completely vacant land, while the other property has a structure on it which initially had the demolition work commenced on it, so is effectively a shell.
The properties are in a good location in the Kelvin suburb, with ample opportunity to provide for an entry gate and an exit on the other plot. The Masjid (Mosque) is also less than 500 meters away, lending itself to the clientele, potential tenants, or any purchasers of the development who will also benefit from this placement.
Access to the M1, N1 and N3 freeways in 5 minutes, in addition to the fact that there are countless amenities within a 10 minute drive maximum make for even more benefit having this property. These amenities include Sandton City, Woodmead, Mall of Africa, Busamed and Morningside Medi-clinic, as well as a host of schools and entertainment facilities.
This one a kind opportunity presents an opportunity like very few seen in the area for decades, and we can't wait to take you there!
R2,332,067immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 4 bedroom property in Kelvin on ImmoAfrica.net is R 2,332,067
R1,155immo · index
The current average sales price per square meter for a 4 bedroom property in Kelvin on ImmoAfrica.net is R 1,155
R26,000immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 4 bedroom property in Kelvin on ImmoAfrica.net is R 26,000
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
R3,014,833immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 5 bedroom property in Kelvin on ImmoAfrica.net is R 3,014,833
R1,331immo · index
The current average sales price per square meter for a 5 bedroom property in Kelvin on ImmoAfrica.net is R 1,331
R16,000immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 5 bedroom property in Kelvin on ImmoAfrica.net is R 16,000
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
R1,805,556immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 3 bedroom property in Kelvin on ImmoAfrica.net is R 1,805,556
R3,948immo · index
The current average sales price per square meter for a 3 bedroom property in Kelvin on ImmoAfrica.net is R 3,948
R32,500immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 3 bedroom property in Kelvin on ImmoAfrica.net is R 32,500
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
R1,300,000immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 2 bedroom property in Kelvin on ImmoAfrica.net is R 1,300,000
R7,999immo · index
The current average sales price per square meter for a 2 bedroom property in Kelvin on ImmoAfrica.net is R 7,999
R7,500immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 2 bedroom property in Kelvin on ImmoAfrica.net is R 7,500
R110immo · index
The current average rental price per square meter for a 2 bedroom property in Kelvin on ImmoAfrica.net is R 110
R6,400immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 1 bedroom property in Kelvin on ImmoAfrica.net is R 6,400
R142immo · index
The current average rental price per square meter for a 1 bedroom property in Kelvin on ImmoAfrica.net is R 142
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
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