R 4,950,000 bedroom home in Soshanguve, Soshanguve East
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R 4,950,000Farm for Sale in SoshanguveSoshanguve, Soshanguve East
N/A 24 m²
This 24 hectare farm in Soshanguve next to the M35 Soutpan Road is ideally located due to a few reasons.
Not only is the land ideal to develop for student accommodation because of it's close proximity to the TUT campus but it will be part of the new town development planned for the next 2 years. There is a power station on the edge of this land which is in the process of being upgraded following pressure by another developer across the Soutpan road. This developer is in an advanced stage of town establishment which poses another opportunity for the buyer of this property to share the cost of services with the developers across the road. The opportunity also exists to purchase this property with the adjacent 10ha and develop the entire 34ha with a combination of student accommodation, freehold property stands and maybe combining the residential area with a shopping mall. The price is highly negotiable and I also have a 12ha next door should the buyer be interested in both
**The developers across the road from this property indicated that the town establishment that they applied for should be completed in 6 months which could be beneficial for the buyer as bulk infrastructure could be shared**
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Listing Number
3299692
Type of Property
Farm ( Full Free Title)
Listing Date
22 Nov 2024
Erf Size
24m²
Rates and Taxes
R500
Furnished
No
Bedrooms
Bathrooms
Garage
Parking
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Scan here!To start your bond pre-qualification process
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. PlusGroup does not accept liability for any damages arising from the use of this calculator.