DEVELOPMENT OPPORTUNITY - WALVIS BAY - REZONED LAND WITH APPROVALS IN PLACE!

N$11,150,000
Property Details

This fully rezoned residential land but still needs to be serviced, presents an exceptional investment opportunity. All approvals have been obtained. The total erf consists of 50 single subdivided residential erven and three general residential erven, to be sold as a single package.

Measuring a total of 3.9252 hectares.

1 x Single Residential Erf

Erf Size: 39,252 m2

Primary Uses: Dwelling Unit, Subsidiary Dwelling Unit

Zoning Potential: Up to 50 residential units

Height Restriction: 2 Storeys / 8 meters

Bulk Factor: Maximum of 0.5

Density: 1 unit per 300 m2

3 x General Residential Erven

Erf Sizes:

  • 4,965 m2
  • 3,771 m2
  • 4,697 m2

Primary Uses:

  • Dwelling Units
  • Subsidiary Dwelling Units
  • Residential Buildings
  • Blocks of Flats
  • Duplex Flats

Height: Buildings above 3 storeys require Council consent

Bulk Factor: Up to 2.0 for all buildings

Density: 1 unit per 150 m2

Summary:

This property offers great flexibility and scale for residential development, from freestanding homes to high-density apartment blocks, all with the necessary zoning in place. Ideal for a developer looking for a turn-key project site with substantial ROI potential.

Property Features
Property Type
Vacant Land Residential
Floor Size
39,252ha
Location
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