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Everest Heights, Everest Heights, Verulam, KwaZulu-Natal
R 1 395 000
Vacant Land For Sale in Verulam PRIME GR4 DEVELOPMENT SITE proposed FOR 16 UNITSAn exceptional high-density residential development opportunity with a successful rezoning to GR4, ideal for developers seeking scale, yield, and strong end-user appeal. The property measures 2,378m2 and comes with proposed plans for 16 sectional title units, offering a well-balanced unit mix designed for modern living and strong market demand.Proposed Development Breakdown: 8 x 3-bedroom units82.5m2 under roofBalcony size: 6.8m28 x 2-bedroom units66m2 under roofBalcony size: 7.2m2Parking Allocation: Tandem under-cover parking for each unit1 additional open bay per unitThe layout maximises space efficiency while catering to both owner-occupiers and investors. GR4 zoning allows for higher density development, making this a rare and valuable acquisition in todays market.Key Features: Land size: 2,378m2GR4 zoning rezoned successfullyProposed 16-unit developmentWell-sized, market-friendly unit mixExcellent parking provisionStrong return potentialAn ideal turnkey opportunity for developers looking to fast-track a residential project.Contact Ronald for detailed information or to arrange a site viewing. Show more Show less
Estimated monthly repayment
R 13 173
on a R 1 255 500 bond over 20 years at 11.25%
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Everest Heights, Everest Heights, Verulam, KwaZulu-Natal
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Liivra AI market value
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