Residential land 53023 sq.ft
- Type: Residential
- Village: Freeport
- Plot area: 53023 sq.ft
- Access to Amenities: Yes
1.22 Acres Freehold Land T&C Approved for Residential Use – Rajkumar Trace (Freeport)
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We are pleased to present a property which was granted, in March 2023, Town & Country’s Approval for Residential use and Development. The freehold property is located in Freeport, in Rajkumar Trace just 1min off the Arena Main Road and 3mins from the Sir Solomon Hochoy Highway.
As evidenced by the Town & Country approval for residential use and the townhouse development currently taking place, in close proximity to this property , Rajkumar Trace is a desired location for real estate investing.
The Innovative Developer can maximize profits by utilize this property as a gated community, especially as it already has walled borders. While the property is subdivided into 7 big lots the Developer can choose to obtain approvals for building, townhouses, duplexes, condos or apartments. Whichever option is chosen and approved the investor will also benefit from the Seller’s recent decision to reduced the price from $2.5mil to $2.25mil (NEGOTIABLE), which translate to $42.43 per square foot.
At this location, in Freeport, the future residence will have close access to medical services, groceries/supermarkets, shopping centres/restaurants, gas stations, schools, recreational grounds, places of worship, banking, commerce and many more.
Take advantage of this opportunity and call to book your viewing appointment today!!!
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Property features & benefits:
- 1.22 acres of Freehold Land in Freeport (Rajkumar Trace)
- Town & Country’s Approval for Development in Mar2023
- Price reduced from $2.5mil to $2.25mil ($42.43 per square foot) NEGOTIABLE!!!
- Full utilities and connections accessible to the property
- Built houses around the property
- No flooding issue
- 3mins from the Sir Solomon Hochoy Highway
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