R 870 000 | Vacant Land / Plot for Sale in Orlando

Soweto, Orlando

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Erf Size: 370 m²

Your Empire awaits you, A business opportunity with big potential growth in wealth.
1) Location, location, location. This property is ideally located in a prime spot.
- Stand is located within the Tourism Node/Area in Orlando West.
- The stand is 2 to 3 minutes drive from Vilakazi Street/Prescient. About 10 minutes walk to Vilakazi Prescient.
- The area has been declared a heritage site, thus making it a very valuable international area.
- The stand is in a prime area.
- The stand is opposite a park for business customers, visitors etc.
- The stand is on a busy Main Road. So, transport is fully accessible.

2) Zoned for Business .
- Property Zoned for business. No zoning delays and costs to be incurred. A huge savings.
- You can build restaurant, pub, student accommodation, church, BNB or any business.
- Investor can rent the land out for passive income.

3) The commercial land is Zoned for 3 storeys . So one can build up as they wish.

4) Stand is in a high demand area due to land scarcity in Soweto.

5) Convenience, Safety and Accessibility . Land is 1 minutes away from JMPD and SWGC (Southwest Gauteng College).

- Student accommodation can be built for SWGC, UJ and surrounding colleges

- Potential R144 000 monthly income as student accommodation or flats based on the following calculations:
- Ground level can accommodate 18 students receiving estimated R4k from Nsfas. So that - R4k x 18 students x 2 (storeys) = R144k monthly potential.

6) This property is an immediate "Appreciating Asset".

- It keeps growing in value. In addition to being in a Tourist area.

7) The stand/land/property is protected as it's next to JMPD.

8) The land is evaluated at R1.1m and the selling price is at a discount.

9) The street name bears the iconic " Mandela Name ". That in itself is unquantifiable value.