DEVELOPMENT OPPORTUNITY | RESIDENTIAL 2 VACANT LAND
DEVELOPERS & INVESTORS – DON’T MISS THIS OPPORTUNITY
A strategically positioned vacant land development opportunity offering significant value for a developer or investor looking to enter a residential development project where substantial groundwork has already been completed.
DEVELOPMENT MILESTONES ALREADY COMPLETED:
Rezoned Residential 2
The property has already been rezoned for residential development.
Site Development Plan (SDP)
SDP has been prepared and submitted to the municipality.
Building Plans Ready
Building plans have been prepared and are ready for municipal submission.
Right of Way Approved
The required Right of Way (ROW) has been approved.
2 Boreholes on Site
• Two boreholes already available on the property
• One borehole has a pump installed
• Water quality testing completed
• Water quantity/yield testing completed
Dolomite Investigation Completed
Dolomite testing has been completed.
Land Survey Completed
Land survey has already been completed.
Land Size 16271
Proposed Development: 29 units and 2 double story units
Asking Price: 2,200,000.00
STILL TO BE COMPLETED:
• Bulk contribution payment
• NHBRC submission
• Submission of building plans to the municipality
This is an excellent opportunity for a developer or investor looking for a residential development project with major preliminary work already undertaken.
With the property already **Residential 2 zoned**, an SDP submitted, building plans ready, ROW approved, boreholes established and key technical investigations completed, the groundwork for the next phase of development is already in place.
Save time. Reduce preliminary development work. Move closer to implementation.
**Serious developers and investors are invited to enquire for further information, supporting documentation and a viewing.**
*All development rights, municipal approvals and outstanding requirements remain subject to the applicable municipal and statutory processes.*
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