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  2. Gauteng
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  4. Lenasia Ext 13
  5. Vacant Land for sale
Sole Mandate
New Listing

Vacant Land for sale in Lenasia Ext 13, Johannesburg

R1,050,000
  1. Web Ref: 1368846
+ 9
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Property Features

ERF Size 1,250 m²
Rates R800 per month

Investors or Large family

Calling all investors and developers! Situated on a generous 1,248 m² erf, this property offers tremendous potential for a four-unit residential development. Building plans for the proposed development are included, providing a valuable starting point for your project.

Upon completion, each unit is estimated to generate rental income of approximately R8,500 per month, potentially delivering a combined gross rental income of R34,000 per month or R408,000 annually.

Whether you are an experienced developer or looking for your next investment opportunity, this property is well worth exploring. Don't miss out on the opportunity to turn potential into reality!

Contact the agent

Naseema Ajimudin
Nasrin Moolla
Candidate Property Practitioner
Registered with the PPRA
Lenasia

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

7 SMEW AVENUE, Lenasia

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