Vacant land for sale in Whispering Pines - Development opportunity

R 7,900,000

Can I afford this?
2 years ago389 views
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General Details
For Sale By:Agency
Description
This is one of the few vacant plots for sale in the area. Do not miss out on this development opportunity. A 6 meter wide servitude gives access to this large 8 264sqm land from the entrance in Disa Road. The property is situated in an area surrounded by houses, apartment blocks and churches. Here is your opportunity as an investor to build an apartment block with amazing mountain views. Currently zoned as Single Residential 1.

Centrally located within a quick 5 minutes drive to Gordon's Bay Primary School, Woolworths shopping centre, Checkers Gordon's Bay Mall, the beach and within quick access to main routes.

Property Reference #: RL65304

Agent Details:
Sulandi Labuschagne
Jawitz Properties
Shop 8
95 Beach Road
Strand

Id Subtitle 939384428
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Estimated monthly repaymentR 85,613
Total property loan amountR 7,900,000
Total interestR 12,647,086
Total repaymentR 20,547,086
Interest rate at 11.75% for 20 years *
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Jawitz Properties
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