254m² Investment For Sale in Meredale
R5,000,000
2 Eagle Nest Street
Web Ref
CL34832
Monthly Rates
R2,455.39
Prime Development Opportunity | 15,680m² | Along R82 Corridor
Prime Development Opportunity | 15,680m² | Along R82 Corridor
A rare opportunity to acquire a 15,680m² property just 2km from Southgate Mall along the busy R82 corridor.
• Immediate rental income: ±R30,000 per month
• Municipal rates: R2,455.39/month
• Excellent long-term development potential in a high-growth area
• Outstanding visibility and exposure from the R82, ensuring strong connectivity and prominence
Key Features:
• Erf Size: ±15,680m²
• Zoning: Residential 1
• Existing Rental Income: ±R30,000 per month
• Municipal Rates: R2,455.39 per month
• Prime Location: 2km from Southgate Mall, direct access to R82
• Excellent Visibility & Exposure: High-profile frontage along a busy corridor
• Investment Potential: Ideal for long-term hold or future redevelopment
• Connectivity: Situated along a rapidly developing corridor
Why Invest:
• Secure holding income while planning future development
• Exceptional capital growth potential due to ongoing infrastructure and commercial expansion
• Suitable for investors, developers, or land banking
Locality Summary:
Strategically positioned along the R82 in Meredale, the property benefits from excellent visibility and accessibility. The surrounding area is experiencing significant residential and commercial growth, making it an ideal site for investors seeking both immediate returns and long-term appreciation.
A rare opportunity to acquire a 15,680m² property just 2km from Southgate Mall along the busy R82 corridor.
• Immediate rental income: ±R30,000 per month
• Municipal rates: R2,455.39/month
• Excellent long-term development potential in a high-growth area
• Outstanding visibility and exposure from the R82, ensuring strong connectivity and prominence
Key Features:
• Erf Size: ±15,680m²
• Zoning: Residential 1
• Existing Rental Income: ±R30,000 per month
• Municipal Rates: R2,455.39 per month
• Prime Location: 2km from Southgate Mall, direct access to R82
• Excellent Visibility & Exposure: High-profile frontage along a busy corridor
• Investment Potential: Ideal for long-term hold or future redevelopment
• Connectivity: Situated along a rapidly developing corridor
Why Invest:
• Secure holding income while planning future development
• Exceptional capital growth potential due to ongoing infrastructure and commercial expansion
• Suitable for investors, developers, or land banking
Locality Summary:
Strategically positioned along the R82 in Meredale, the property benefits from excellent visibility and accessibility. The surrounding area is experiencing significant residential and commercial growth, making it an ideal site for investors seeking both immediate returns and long-term appreciation.
Features
Zoning
Mixed Use
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
254m²
Land Size
15,680m²
