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ID 112861

Undeveloped Land In Centre Of Nylstroom / Modimolle Town In Limpopo For Residential Development

Posted By Broker (Date of Submission: 10/09/2015)
Nylstroom / Modimolle, Limpopo, South Africa
R4,200,000

Description
A track of 2,6 hectare land in the centre of Nylstroom/Modimolle is available for purchase for R4,2 million. It can be divided into at least 42 residential stands. Municipal services are available.

Property presently zoned as Institutional but Municipality has in writing indicated that it will consider and support other development rights on the property. Estimated cost to change zoning, do surveying, obtain EIA etc R350 000. Town planner already involved in this.

A developer/construction company that can build the residence by itself, can reap a very handsome profit from this project.
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(Real Estate Agency)
Naboomspruit, Limpopo
South Africa South Africa
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