This property is in West Ave Ferndale, very close to the main road of Malibongwe.
Measuring 2009m2, this land offers opportunity to build a smaller budget development. On a larger scale, this property is adjacent to two other stands, measuring 2006m2 and 4000m2, (total 8000m2) making it feasible for a much larger return.
Stipulations from a town planner would suggest up to 40 units could be built on the consolidation of the 3 stands.
There is an existing house on this property that can be used to make rental income while zoning permissions are available.
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