Development for sale in Bantry Bay, Cape Town

R 26,900,000

Can I afford this?
4 months ago38 views
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General Details
For Sale By:Agency
Description
This property is an ideal investment for developers who like to creatively build 1 or 2 luxury units on this plot. At the moment the house is waiting to be demolished to make space for a new owner's projects. Build on a slope you are secured for indefinite unobstructed views and the land holds plenty of space to landscape a phenomenal lush green garden.
Contact me for a viewing of this amazing opportunity.

Rates And Taxes: 14000
Property Reference #: 7002001-37777

Agent Details:
Jaco Kriel
JFK Group powered by eXp
42 Bosduif Street

Id Subtitle 1251964932
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Estimated monthly repaymentR 291,518
Total property loan amountR 26,900,000
Total interestR 43,064,128
Total repaymentR 69,964,128
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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JFK Group powered by eXp Realty
Selling for 6+ months
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