Property description

Prime Location

Located in the Up-Market sub-urb of Houghton on a busy street, close to St John's College and King Edward VII School.
Boarded by grand residential properties including Nelson Mandela Houghton Estate,
The wilds Nature Park with indigenous plants, and the 18 Hole Houghton Golf course.

* Approved Re- Zoneing for Res 3 with Four-Storey Height Allowance
* Measuring 3764m²,
* Building allowance - permitting up to 24 residential units.
* Price: R9,750,000 (Excl. VAT)
* The property is owned by a VAT-registered entity. No transfer duty applies, and VAT-registered purchasers may claim back the VAT on acquisition, offering significant upfront savings.
* Surroundings: Upmarket residences, tree-lined streets, and peaceful ambiance
* Security: Established, high-end neighbourhood with security infrastructure
* Perfect for a visionary developer or private homeowner looking to build a dream estate in a premier location.
* Surrounded by heritage homes, top schools, golf courses, and quick access to Rosebank, Sandton, and Joburg CBD.

DISCLAIMER
The information contained in this advertisement is deemed reliable, but its accuracy or completeness is not guaranteed. All measurements, dimensions, and details are approximate and subject to verification by the purchaser. The agent/owner does not warrant or represent the accuracy of the information provided. Prospective buyers are advised to conduct their own due diligence and verify all details before making an offer or entering into any agreement.