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Development Property Morning Hill In Bedfordview For Sale

Bedfordview, Gauteng, South Africa
Asking Price:
R8,300,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

This valuable development property in Morning Hill, Bedfordview is For Sale. The development land is ideally located within the established up-market suburb of Morning Hill, within Bedfordview.

The property is situated adjacent to the Eastgate Shopping mall, with easy highway access to OR Tambo International Airport, Sandton, Midrand, Pretoria and Durban.

Fully approved sub-division of the consolidated property is available. (See the attached PDF approvals attached).

The consolidated Erf 3030, Bedfordview has been sub-divided as follows:

• Portion 1 of Erf 3030 - 447sqm (Single stand for alone standing cluster home)
• Portion 2 of Erf 3030 - 427sqm (Single stand for alone standing cluster home)
• Portion 3 of Erf 3030 - 427sqm (Single stand for alone standing cluster home)
• Portion 4 of Erf 3030 - 427sqm (Single stand for alone standing cluster home)

• Portion 5 of Erf 3030 - 3207sqm (High density accommodation / 13 Double storey units)

• Portion 6 of Erf 3030 - 439sqm (Single stand for alone standing cluster home)
• Portion 7 of Erf 3030 - 439sqm (Single stand for alone standing cluster home)
• Portion 8 of Erf 3030 - 439sqm (Single stand for alone standing cluster home)
• Portion 9 of Erf 3030 - 439sqm (Single stand for alone standing cluster home)
• Portion 10 of Erf 3030 - 380sqm (Single stand for alone standing cluster home)

Potential developers need to take note that according to the approved application for subdivision bulk services contribution of approximately R320,000.00 need to be paid to the council.

Developers need to take the payment of the said services contribution into consideration when determining an offer price.

Property Information

Real Estate:

Real Property Included

Location:

Bernard Street, Morning Hill, Bedfordview

Premises Details:

The property for sale is a 7071sqm stand, situated in a well established residential suburb.
Fully approved municipal subdivision plans are available for 10 residential stands with various sizes.

Planning Consent:

Fully approved planning consent is available and attached.

Other Information

Related Documents: