Development Opportunity in Ballito on the KZN North Coast

R 43,125,000

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6 months ago74 views
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General Details
For Sale By:Agency
Description
Situated on the more serene, Western side of Ballito, adjacent to the Umhlali Golf Course and directly across from the Brooklyn and Shortens estates. The site is naturally tiered and will afford residents views of the neighbouring golf course and surrounding farmland, with
easy access to the N2, R102, Lifestyle Centre, and Ballito Junction.

All bulk services are approved and the connection points are established. A full ROD is in place but site development plans will trigger small amendments with certain departments i.e. environmental and traffic. SLAs and contributions must be established with KDM and
Siza Water relevant to the proposed scheme.

This site allows for 190 opportunities in its current zoning.

Property Reference #: RL590

Agent Details:
Murray Beattie
Home Ground Estates
Dunkirk Office Suites
Salt Rock
Kwa-Zulu Natal

Id Subtitle 1246231148
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Estimated monthly repaymentR 467,349
Total property loan amountR 43,125,000
Total interestR 69,038,681
Total repaymentR 112,163,681
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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