Price ZAR800,000

4 Bedroom House For Sale in Komatipoort, Komatipoort

4 2 2 Land Size: 2855m²

Calling investors & developers - fair priced residential 3 zoned property
Sole exclusive mandate.
Viewing strictly after prior arrangement through the agency.
This property location is excellent in the context of the special economic development and Komatipoort X 18 developments awaiting Komatipoort.
The prospects of other developments in the close proximity of this stand also add significant value to this land. It is flanked with commercial, high residential and residential zoned land. All of these usages can be considered, subject to rezoning.
Unfortunately the house has been damaged severely over the years. A developer would not need the house of high residential development is done. If the property is bought to other ends e.g. commercial (subject to rezoning), the structure could be handy and converted.
The bulk service contribution due, should this property be developed in line with the envisaged plans, is already computed.
The envisaged development as published is well considered. By now those higher residential developments in Komatipoort, in the surrounds of this particular plot attract contracts and few are not filled. The demand for the envisaged development is self-explanatory.

Important information

This is a Freehold property.