Muldersdrift Development Opportunity with rental income from day 1!

This attractive 2-hectare site sits on the M5 corridor between Johannesburg and Lanseria Airport. Residential 3 zoning rights for 120 units are in place, so developers can start site development planning immediately. Approved rights, services nearby, and rental income from day one!

The property has 3 dwellings that currently provide rental income of approximately R339 000 per annum

House 1: a double-storey four-bedroom house with a pool. The living area offers open-plan living that flows into the kitchen for easy entertainment.

Main bedroom - en suite (bath, toilet & bidet)
2nd bedroom - separate bath with toilet
3rd bedroom - shower and toilet
4th bedroom - could be study or guest bedroom with separate shower and toilet

Gas oven
Double Covered Carport, with Pool.
On-Site Sewerage via septic tank system
Double Garage
Jojo Water Tank

Current rental income: R14,750 pm

Cottage 1: A two-bedroom, double-storey cottage that offers open-plan living with a spacious lounge and very large kitchen. Upstairs, you are met with a large undercover patio offering uninterrupted views.

Main bedroom upstairs
Bathroom upstairs with shower, bath and toilet
2nd bedroom downstairs - could be a study

Gas oven
Gas shower
Single covered carport

Current rental income: R7 000 p.m

Cottage 2: A 1-bedroom cottage with wooden flooring and a kitchenette.

Main bedroom
Bathroom with bath & toilet

Gas stove/oven
Single Covered Carport

Current rental income: R6 500 p.m.

The current tenants' lease can be extended to provide income while the development is in progress.
Please note the existing dwellings are sold voetstoots as the selling price is calculated on the land value only.

Location Location Location!
Muldersdrift is about 27 km north-west of Johannesburg and close to Lanseria Airport.

This land is located off Beyers Naudé Drive, the main route to Lanseria and the Cradle of Humankind. The N14 towards Pretoria is just south of the site and next to Ethembalethu Eco Village, close to Cradlestone Mall, Silverstar Casino and the Cradle of Humankind World Heritage Site.

Finding a good development site is half the challenge of any developer. Funding the development and securing finance-ready buyers are the other half.

We offer a full-service solution for developers, from development funding to buyer finance that boosts pre-sales and the final development phase. Our funding solutions are designed to drive your development success.

Contact Annelie to discuss your development funding needs,

Book a viewing with Marie today!
Contact us for a detailed developer brochure

Development for sale in Muldersdrift, Krugersdorp, 430 m²