This prime vacant development land is located in the fast-growing node of Ferryvale, Nigel. The properties are surrounded by new developments with huge potential as this area is expanding at a swift pace. Excellent location in a high-demand area for residential properties, either to sell or to let.
The Residential 3 zoning allows for a density of 85 Units per Hectare.
These stands are near various schools, medical facilities, and shopping centers.
The following services are in place:
− Water (up to the entrance)
− Sewage (2 mainlines right through)
− Electricity (up to entrance for 60 units)
− Zoning Res 3
RE/ PORTION 38/ OF ERF 1041
2.8155 Ha vacant land, with Residential 3 zoning is ready for development.
This land is ideal for a high-density residential development. An alternative use could include a Retirement Village. The property can also be subdivided into full title stands.
PORTION 3 – PORTION 5 OF ERF 1042
These three stands are currently full title stands and can be sold as such. There is a proposed consolidation of these 3 stands together with a portion of Erf 1270 (Road) to form a new stand being Erf 1269 – Approved SG Diagrams included.
PORTION 6 – PORTION 14 OF ERF 1042
9 Full Title vacant development stands adjoining each other located in a residential area, with a high demand for residential dwelling units.
These stands have the potential to be consolidated into 1 large stand or various groupings. These stands could also be incorporated in a development with RE/38/1041 (described above).
There is a proposed subdivision of Portion 6 and Portion 7 to create a private cul-de-sac for these stands (subject to the consolidation of Portions 3, 4, and 5 as described above) which could allow for a secure street. Described in the SG Diagrams included in the information pack.
