R 4 600 000 - 4 Bedroom Vacant Land For Sale in Rayton
Web Ref: 1907176
Area
Rayton, Bloemfontein, Free State
Agency
National Real Estate Bloemfontein
Pieter Kriel
+27 82 483 2953
pieter@nationalre.co.za
The property is also ideally situated for a SELF STORAGE PARK
Either Brick or Containers as per EXAMPLE!! There are no storage facilities in this area and you do not need bulk services/ plans /town planning permission/ etc . with the minimum capital outlay you can increase your investment in a very short time. The agent can assist in all aspects of starting a self-storage business on this plot.
• Property is situated in the Blue Zone (upmarket high-value property) area of Bloemfontein.and ready for rezoning.
• New road planned to connect to LHP running in front of the property.
• Very sought after area for development.
• Units in the new development sold out within the first month.
• Ideal for development
• Cost per building opportunity is around R 190 000 per stand.
• Empty plots selling for up to R500 000 in area.
• Property has 2 boreholes.
• Large house on property 5 Bedrooms 3 bathrooms with flatlet and outbuildings. Property in need of repairs!!!
• 6ft electrical fence all around.
• Municipal main sewage line directly in front of the property
• Main power lines also direct in front of the property
• Property very slightly sloped to allow for easy rainwater drainage.
• The municipal map also indicating the property is earmarked for future housing development.
• Possible to build up to 45 units and more depending on layout.
• Conservative return on investment from R14 million
• Property valued at R4,6 million
• Developments in the area are working on R7 mil profit Per Hectare that gives R 16 mil profit
Bedrooms
4
|
Bathrooms
3
|
Land Size
2.33 ha
|
Rates
R 1 285
|
Lounges
1
|
Dining Areas
1
|
Kitchen
✓
|
Built-in Cupboards
✓
|
Flatlet
✓
|
Borehole
✓
| | |