Commercial Plots for Sale in Westonaria, West Rand, Gauteng for R2,500,000 – Erf: 3,120m²

Commercial Land / Plot for Sale in Westonaria, West Rand, Gauteng

Commercial Land / Plot for Sale in West Rand, Gauteng – Westonaria

4 in 1 open stands investment opportunity – – Erf Size: 3,120m²

Prime Property Investment Opportunity – Ideal for High-Density Residential Development

Are you looking for an exceptional investment opportunity in the heart of town? This prime property offers immense potential for developers and investors alike, combining strategic location, pre-approved zoning, and lucrative rental income prospects.

Property Highlights

Land Area: 4 stands, each measuring 780 sqm, totaling 3,120 sqm.
Zoning:
2 stands zoned for commercial use.
2 stands zoned for residential use.
Development Potential: Approved for 120 double-storey flats across all 4 stands.
Architectural Plans: Ready for submission to the municipality for approval, expediting your project timeline.

Investment Returns

Rental Income Potential:
1 flat = R3,000/month
30 flats = R90,000/month
120 flats = R360,000/month
ROI: Recover your capital investment within 2 years, with long-term rental income thereafter.

Why Invest Here?

Strategic Location: Positioned in town, ensuring high demand for rental housing.
Ready-to-Build Opportunity: Save time with architectural plans prepared and zoning already in place.
High Yield: A projected monthly income of R360,000 makes this a high-return, low-risk investment.

This is a rare opportunity to capitalize on a well-located property with immense development and income potential. Don’t miss out on this chance to create a sustainable income stream while contributing to the growing housing needs of the community.

Property Overview
Type of Property: Vacant Land / Plot
Erf Size: 3,120m²

**** current structure and steel on property worthy over a million Rand

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