R10,500,000
MU2 Development site for Sale
Prime position land and buildings with MU2 and TR2 zoning
This property will be sold mainly for development purpose
Erf size is 1236 m2
Bulk size 4912 m2
Woodstock benefits from being a UDZ (Urban Development Zone) which offers a very welcome tax break.
The UDZ is offered by the municipality to assist developers and smaller land purchasers in upgrading of the area, with special focus on lower LSM bracket by offering a rebate of up to 25% on purchase price and redevelopment costs as an incentive to invest in the area.
Woodstock is a key node that is easily accessible and attracts 1st time home buyers who want to benefit from the usual congested daily commute.
Contact us for further details
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