5 Bedroom House For Sale in Douglasdale

Negotiating from R4 999 000.
Located along one of the most desirable treelined 24 hour guarded street. Malgas Avenue is a dream location for an astute, multi-unit developer to acquire zoned township land, packed with an up-market cluster development potential.

Six approved residential stands with central access and roadway are found on a gentle 4,015m² south to north gradient. The excisting 630 square metre home could be used as temporary accommodation, site offices and multi-dimentional storage.

Town Planners have on behalf of the owners, successfully facilitated removal of restrictive conditions and subdivision of the property into Residential 2 Erven of approximately 535m² each, with a central spine road of approximately 800m². Section 34 applications for the installation of stormwater, sewer, and electricity connections are due for submission.

Homes here could potentially be sized from about 400m². Plans could be customized to suit, with fittings, finishes and detailing personalized. You have direct access from a single entrance on the lovely, tree-lined Malgas Avenue onto the site. A green, solar powered solution could be a significant feature to the homes if offered.
People talk about the intimacy and the community feel of this Green Park location, perfectly situated between two of Douglasdale’s most prestigious high-end estates.
Coupled with the location close to Fourways, and with easy access via arterials in or out, development land must be a smart investment with highly profitable
returns expected down the line.