On Auction: Monavoni - Prime Resi Opportunity In Popular Centurion

Property Description
The subject property is situated on the corner of Louise & Marais Street, Monavoni, Centurion, and primely situated in the developing Monavoni retail and residential node in proximity to all complimentary amenities, and therefore the demand for prime property by far outweighs the supply. The property is earmarked for residential development as per the SDP and could yield 120 units (50sqm) with an average rental of R6000 per month and the necessary council approvals and groundwork have already been conducted which contributes to an expedited development phase. As per the aforementioned abridged overview, this development opportunity provides investors with maximized yield and guarantees a high occupation ratio.
Auction date & time: Thursday, 3 March 2022 at 14:30PM
Viewing & Registration: From 1 hour prior to the auction time
Auction Venue: https://www.auctioninc.co.za/.../monavoni-prime.../1030/
Property Address: 65 Marias Road , Monavoni , Centurion , Gauteng