Large Agricultural stand, potential for commercial use,nearly 4 hectares in size, excellent location

R 17,500,000

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2 years ago325 views
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General Details
For Sale By:Agency
Description
LARGE AGRICULTURAL STAND AND GREAT POTENTIAL FOR COMMERCIAL USE, IDEALLY LOCATED ON PROVINCIAL ROAD AND CLOSE TO AMENITIES

DESCRIPTION
This 3.9471ha land holding is situated in the upmarket area of Raslouw AH, The holding encompasses an area that's ideally located on a busy thorough way making it an ideal setting for a business complex. The property is in the centrally situated between many other proposed residential developments, a school, medical clinic including a shopping complex alongside the holding. The property is also conveniently located within close reach of the N 14 Highway, as well as along the R 55 affording easy access routes to Sandton, Fourways, Pretoria and Randburg.

MORE DETAILS
Type of Property
Vacant Land / Plot
Erf Size
3.9471 ha

Developers opportunity in the center of Raslouw Centurion
A Dream for Developers in the heart of Raslouw Centurion - Exclusively Zoned Development Land for Sale in Raslouw AH, ready for development.....
This holding, close to 4 hectares has a terrain that has a moderate relief which slopes slightly towards the west. The area is primarily drained by means of sheet wash. There is natural vegetation occurring otherwise veld grass comprises the general vegetation. No outcrop of rock was encountered or wet conditions, and no subsidence features or sink-holes were observed on the site. The potential buyer is welcome to do a complete due diligence on the property.

The general development density in the area is low and there is a proposed development of shops alongside the holding which will immediately raise the value of the land.

Property Details
Type of Property
Vacant Land / Plot
Erf Size
39 470 sqm
Rates and Taxes, monthly
R460

Property Reference #: RL3025

Agent Details:
Mansukh Magan Chhiba
Choprop Sales and Letting
146 Willem Botha Street
Wierda Park
0157

Id Subtitle 937827694
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Estimated monthly repaymentR 189,649
Total property loan amountR 17,500,000
Total interestR 28,015,697
Total repaymentR 45,515,697
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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Choprop Sales and Letting
Selling for 3+ years
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