8,565m² Vacant Land For Sale in Riversdale
R1,160,000
Monthly Bond Repayment R11,973.39
Calculated over 20 years at 11% with no deposit.
Web Ref No DPR18742
Vacant Stand in Riversdale
This expansive 8565m² vacant stand in Riversdale is an exceptional investment opportunity. Located directly across from a townhouse, the property offers prime positioning in a rapidly developing area. Riversdale has seen significant growth in recent years, with numerous new developments popping up nearby. The size of this stand provides endless possibilities, whether you're looking to develop a residential complex, commercial space, or a combination of both. Its location at the heart of this thriving area makes it an ideal spot for future growth.
Additionally, the property is situated close to the newly built mall, which provides easy access to a range of amenities, shopping, and services. The area is becoming increasingly popular, and this stand is perfectly positioned to benefit from the ongoing development. However, please note that the bank requires a 40% deposit for vacant stands, which is an important consideration for prospective buyers. This is a rare opportunity to secure a large piece of land in a highly sought-after location with significant potential for future returns. Don’t miss the chance to be part of Riversdale’s exciting growth and development.