Fantastic business opportunity for a developer

R 23,000,000

Can I afford this?
2 years ago635 views
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General Details
Location:
Brackenfell, Northern Suburbs
For Sale By:Agency
Description
Property Address:
Brackenfell, Brackenfell
A vacant piece of land situated along Bottelary Road. Presently still zoned for agricultural use. Good location for the establishment of an estate or a solar project. Gentle slope from south to north. Size 53.5 hectares.
The price of R23000000 excludes VAT.

Property Reference #: 835

Agent Details:
Hans Bluhm
Sulet Bluhm Properties
42a Zevendal Way, Zevendal Estate, Zevenwacht, Kuils River, Cape Town, South Africa
Cape Town

Id Subtitle 945260469
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No. of years
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Estimated monthly repaymentR 249,253
Total property loan amountR 23,000,000
Total interestR 36,820,630
Total repaymentR 59,820,630
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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Sulet Bluhm Properties
Selling for 7+ years
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