With due regards to the location of the properties in close proximity to inter alia Kya Sand Employment Node. It is fair to say that council should be in a position to support a residential density of 120 to 150 dwelling units per hectare on the site.
In the case of affordable housing, even higher densities such as 180 units could be achievable.The recomended height is 2 to 4 floors.
The expected development potential for the site is summarized as follows:
the one erven is 3,0438ha thus at:
150 units /hectare it will equate to 456 units.
180 units/hectare will be 547 units.
The adjacent property is 3,8791ha:
150 units /hectare will equate to 581 units.
180 units /hectare will be 698 units.
Asking price for both stands together is R 17 500 000.
