**Prime Development Opportunity in Peerless Park East - Rezoned GR2**
Attention Developers! This vacant land has been successfully rezoned to GR2 and is primed for construction.
Are you in search of a project to kick off the new year? This is your chance to embark on a small development that can grow over time. Begin with the first plot and expand with two additional plots, potentially yielding 45 to 50 apartments over the next couple of years.
The possibilities are endless with this singular plot. Your search ends here—prepare your team for an exciting new year ahead!
This exceptional site is approved for the construction of 15 two-bedroom apartments. All fees have been settled with Bickels, and the local municipality is supportive of increasing the number of apartments.
Don’t miss out on this rare opportunity—get ready to start your project without delay!
History
The development of the suburb or small town of Kraaifontein dates to the mid to late 1800's. Just like most of this part of the Western Cape it slowly developed around the farming industry. By the year 1876, a railway station was erected entitled Kraaifontein Junction. Only one year after the railway station was built the town started to develop. 1908 was the year that the first school came to the area....
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
