Freehold For Sale in Orchards

R8,950,000

11 Louis Road

Monthly Bond Repayment R95,445.45
Calculated over 20 years at 11.5% with no deposit.

Web Ref No TPR16984

5939sqm of endless opportunities! Calling all developers, investors and forward thinkers! This amazing opportunity comprises 3 properties. A Place of worship (2974sqm), a vacant piece of land (1478sqm) and a freestanding house (1487sqm). Cumulatively these properties total 5939sqm. In terms of the Council’s approved policy (The Nodal Review), this site is located in a Metropolitan Node. This is the second highest order of node in Johannesburg and allows for a full range of land uses. The Council will support all types of business uses as well as unlimited residential density on the property whch equates to at least 47 dwelling units. The current zoning is ‘Religious’ and ‘Res 1’, however these properties can be rezoned to ‘Res 4’ or ‘Business 1’. This is a rare find with amazing opportunity! Let’s Talk!