• 1 800 m2
  • 991 m2

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Mun. Rates & Taxes: ZAR 10608.00

Property description


Property Overview:

Location: Brakpan Central, Gauteng, South Africa
ERF Size: 991 square meters
Site Development Plan: Completed for high-density residential use
Rates: Approximately 10,890 ZAR per annum

Property Description:

This prime commercial property, located in the heart of Brakpan Central, presents a unique and lucrative investment opportunity for developers and investors. With a generous ERF size of 991 square meters and a completed site development plan for high-density residential use, this property is poised to meet the growing demand for quality housing in the area.

Key Highlights and Insights:

1. Strategic Location:
Brakpan Central is a bustling and well-established community, making it an ideal location for residential development. Its proximity to essential amenities such as schools, shopping centers, healthcare facilities, and public transport ensures that future residents will enjoy convenience and accessibility.

2. High Demand for Housing:
The demand for housing in Brakpan Central has been steadily rising, driven by population growth and urbanization trends. High-density residential development is well-suited to cater to this demand, allowing for the efficient use of land resources while providing affordable housing options.

3. Completed Site Development Plan:
The completed site development plan not only streamlines the construction process but also provides a blueprint for creating a well-designed, high-density residential community. This includes optimizing the use of the available space, ensuring green areas, parking facilities, and other essential amenities for a comfortable living experience.

4. Favorable Rates:
The property's rates, estimated at approximately 10,890 ZAR per annum, are competitive and reasonable, contributing to the overall affordability and attractiveness of this investment opportunity.

Investment Opportunity:

This property represents a prime investment opportunity for developers and investors looking to capitalize on the growing demand for housing in Brakpan Central. With the completed site development plan in place and the strategic location, it is poised for success.

Key Investment Highlights:

- Income Potential: High-density residential developments offer multiple income streams through rental income or property sales
- Diversification: Diversify your investment portfolio with a solid real estate asset in a growing market
- Steady Appreciation: Property values in well-located areas like Brakpan Central tend to appreciate over time, ensuring a potentially profitable long-term investment
- Affordability: The property's competitive rates and efficient use of space make it an affordable and attractive option for future residents

This commercial property in Brakpan Central, with its generous size, completed site development plan, and strategic location, offers a compelling investment opportunity in the high-demand residential market. Whether you are a developer looking to create a thriving residential community or an investor seeking long-term growth, this property is worth serious consideration. Don't miss the chance to be part of the transformation of Brakpan Central's residential landscape. Invest today and reap the rewards tomorrow.

Property Details

Property Features

  • Optimized Land Use and Build Multiple Story Residential Units
  • High Rental Income Potential
  • Provide Diverse Housing Options to the Area
  • Reduced Development Risk with the Site Development Plan Being Completed
  • Sustainable Design and Building Opportunities
  • Offering Residents in Brakpan and Convenient Life Style
  • Create a Positive Impact for the Local Community
  • Current Building to be Demolished
  • Zoning has Been Completed