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#Business ID: 38558

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R128 Million Zoned Development Opportunity - Planned 64 Units in 3 Phases In Boksburg For Sale

Business Location: Groeneweide, Boksburg, Gauteng, South Africa

Asking Price: R 5m & above Revenue: not disclosed Cash Flow: not disclosed


[Real Estate Included]

Business Summary

Pitched at the medium to upper market, this development plans to be off grid and is set up to be a green inspired building, solar, water tanks and smart technology, this development is currently at section 82 stage, which is bringing the bulk services to the site of development. The unit plans are drawn and ready for submission. This is a developers dream to find a development at this stage of readiness. The current sales team is happy to transition and start selling.

Property Details

Property Type:

Real

Real Estate Value:

R 15,000,000

Other Business Details

Premise Details:

Greenfield ready for development with all zoning and requirements to develop approved, with all unit designs and planning done.

Competition:

One development next door, not much new development.

Planning Consent:

Approved.

Website:

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Miscellaneous Details

Reason For Selling:

Time Constraint - Owner/Developer Involved In Development Across Africa

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