Residential Townhouse Development Investment in Rayton, Bloemfontein

An appealing residential development opportunity is available in the Free State, located within the upmarket suburb of Rayton in Bloemfontein.
Key Investment & Property Highlights:
• Property Status: Available for Sale
• Location: De Bruin Str, Rayton Small Holding, Bloemfontein, Free State (SS Waldarama, Erf 34130 Bloemfontein Ext 237)
• Property Type: Residential
• Expected Value: R5 940 000
• Size Specifications:
o Erf / Unit / Land Size: 17 802 m²
o Undeveloped Land: Approximately 1.24 hectares of undeveloped land remain, offering future development potential.
• Improvements & Layout:
o The property is partially developed as a sectional title townhouse complex approved for 47 units, of which 13 units have been completed.
o Existing improvements primarily comprise two-bedroom units ranging between 89 m² and 92 m², each complemented by a 42 m² double garage.
o One larger double-storey unit of approximately 124 m² is located at the front of the development, featuring three bedrooms and a 46 m² double garage.
• Surrounding Area & Infrastructure: Located within the upmarket Rayton smallholding suburb bordering Heuwelsig, characterized by single residential dwellings and townhouse developments, with established municipal infrastructure, emergency services, and access to essential public amenities.

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