Web Ref RL1921
R1,700,000
Monthly Bond Repayment R18,129.30
Calculated over 20 years at 11.5% with no deposit.
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PRIME REDEVELOPMENT OPPORTUNITY IN NAHOON
Discover an exceptional investment opportunity in the heart of Nahoon, offering a vast 1354 sqm erf that is ideally suited for redevelopment. This expansive property provides the perfect canvas to create up to four luxurious townhouses, making it an attractive prospect for developers and investors alike.
Key Features:
Prime Location: Situated in the highly sought-after suburb of Nahoon, this property is conveniently located close to top schools, shopping centers, and recreational facilities. The serene surroundings and easy access to essential amenities make it a desirable location for potential homeowners.
Generous Erf Size: With 1354 sqm of land, there is ample space to design and build four stylish townhouses, each with its own unique appeal. The large erf size allows for creative architectural designs and spacious layouts that cater to modern living.
Redevelopment Potential: This property presents a rare opportunity to transform a sizeable plot into a contemporary residential enclave. Developers can capitalize on the demand for high-quality housing in Nahoon by creating a vibrant community that offers both comfort and convenience.
Investment Appeal: Nahoon is known for its strong property market and high rental demand, making this redevelopment project a sound investment. The potential for significant returns through sales or rentals of the newly developed townhouses is substantial.
Proximity to Amenities: Residents will enjoy the convenience of being close to pristine beaches, trendy cafes, and excellent schools. The property's location ensures that daily needs and leisure activities are within easy reach.
Conclusion:
This 1354 sqm property in Nahoon is a prime redevelopment opportunity that holds immense potential for creating a stunning townhouse complex. Its generous size, ideal location, and strong investment appeal make it a standout choice for developers looking to make a significant impact in the local real estate market. Don't miss the chance to turn this property into a modern residential haven that caters to the needs of today's discerning homeowners.
Feel free to reach out for more details or to arrange a viewing of this promising property.
Key Features:
Prime Location: Situated in the highly sought-after suburb of Nahoon, this property is conveniently located close to top schools, shopping centers, and recreational facilities. The serene surroundings and easy access to essential amenities make it a desirable location for potential homeowners.
Generous Erf Size: With 1354 sqm of land, there is ample space to design and build four stylish townhouses, each with its own unique appeal. The large erf size allows for creative architectural designs and spacious layouts that cater to modern living.
Redevelopment Potential: This property presents a rare opportunity to transform a sizeable plot into a contemporary residential enclave. Developers can capitalize on the demand for high-quality housing in Nahoon by creating a vibrant community that offers both comfort and convenience.
Investment Appeal: Nahoon is known for its strong property market and high rental demand, making this redevelopment project a sound investment. The potential for significant returns through sales or rentals of the newly developed townhouses is substantial.
Proximity to Amenities: Residents will enjoy the convenience of being close to pristine beaches, trendy cafes, and excellent schools. The property's location ensures that daily needs and leisure activities are within easy reach.
Conclusion:
This 1354 sqm property in Nahoon is a prime redevelopment opportunity that holds immense potential for creating a stunning townhouse complex. Its generous size, ideal location, and strong investment appeal make it a standout choice for developers looking to make a significant impact in the local real estate market. Don't miss the chance to turn this property into a modern residential haven that caters to the needs of today's discerning homeowners.
Feel free to reach out for more details or to arrange a viewing of this promising property.
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Nahoon in the news
7% low interest rate | Here's how much you're saving on your bond in total
The South African Reserve Bank has cut the repo rate by 25 basis points to an all-time low of 3.5% taking the prime interest rate down to 7%