Commercial space in Clayville East
Clayville East, Midrand, Gauteng
Listed by
Thabile Mothoa
eXp South Africa
Details
Strategic Investment Opportunity - Development Land Available Investment Opportunity Imani Ridge Estate, Clayville Ext 33Seeking Investors for a High-Growth Residential Development Imani Ridge Estate is a brand-new residential development situated on a 10,162m² site at Clayville Ext 33, Johannesburg. The estate will comprises of 66 modern residential units, offering a mix of studio apartments, 2-bedroom 1-bathroom simplex and duplex units, and 3-bedroom 2-bathroom homes. Designed for modern living, the development includes premium lifestyle amenities such as a clubhouse, swimming pool, childrens play area and 24-hour security with on-site guards and CCTV surveillance, making it an attractive investment in a growing residential market.DEVELOPMENT PROGRESS & INVESTMENT HIGHLIGHTSShow Units: Two show units have been constructed to wall plate level.Services Installed: Water, sewer and fire reticulation infrastructure is installed.Boundary Wall: Phase 1 boundary wall has been completed.Security Infrastructure: Guard house has been built and entrance gates have been installed.Approved Plans: The site development plan and building plans for Phase 1 have been approved.NHBRHC Enrolment: Two units have already been enrolled with the National Home Builders Registration Council NHBRC.An Attractive Development OpportunityWith key infrastructure in place, Phase 1 approvals secured and construction progress already underway, this development offers investors an opportunity to participate in a project with important groundwork completed.Financial Highlights:Total Project Cost: R32,650,000Projected Gross Sales: R50,088,540Projected Profit: R17,438,540Investment Options:Option 1 Purchase Residential UnitsInvestors purchasing units with cash receive a 20 discount on each unit purchased.Option 2 Equity PartnershipInvest by acquiring shares in the developer company.Profits and losses are shared on a 5050 basis.Investors fund each development phase in full.Option 3 Rental Income StrategyFund the completion of the two show units and perimeter fencing.Begin generating rental income immediately while the remaining units are under construction.Rental proceeds are used to repay the invested capital as the development progresses.This is an excellent opportunity for investors looking to participate in a high-potential residential development with multiple investment structures and attractive return prospects. For the full investment proposal, financial projections and to discuss partnership opportunities contact me today.
Location
Map showing the location of Commercial space in Clayville East