Prime Development Opportunity in Lombardy Estate

ZAR R11,500,000 (USD $679,416) *current conversion
Lombardy Estate, South Africa

Property Highlights

  • Future development site with residential use
  • Located in serene Lombardy Estate lakes area
  • Large 9,436m2 plot size
  • Allows up to 6-storey building height
  • Potential for approximately 50 luxury units
  • New York style apartment concept planned

Overview

SHOWDAYS - View by appointment only. Phone agent for timeslot. The vacant, serviced properties, have been earmarked for future development and are now for sale to qualified developers/Real Estate Investors. ERF USE: Residential LOCATION: Uniquely positioned in the middle of Lombardy Estate’s serene lakes and lush surroundings SIZE: 9 436m2 BUILDING LINES 3m from street boundaries HEIGHT: Shall not exceed (6) storeys DESCRIPTION: New York style apartments NUMBER OF UNITS: +/- 50 Luxury units AVERAGE UNIT SIZE: Dependent on the final concept of design FLOOR AREA RATIO (FAR): Shall not exceed (1.2) PARKING: As per town planning scheme COVERAGE OF BUILDING: Will be in accordance with the approved site development plan. Contact the agent for viewing.
Show More Show Less

Property Features

Lombardy Estate, South Africa offers the following features:

Property Type: Land
Status: Active
Reference ID: RNR26448

Map