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LARGE VACANT STAND IN FAST DEVELOPING AREA
R 8,000,000
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General Details
Location:
For Sale By:Agency
Description
LARGE VACANT STAND IN FAST DEVELOPING AREA
This vacant stand, currently zoned as an agricultural holding, is situated on a busy intersection on 9th Street, Bredell. It is perfect for the development of warehousing, high density housing, a school or for a shopping centre. The closest warehouses to the property on offer are within 1 km from there.
The adjacent property of equal magnitude (2.9251 hectare), with an existing house and flat, will soon be on the market with the same agency. A combined surface area of 5.9069 hectare will then be available to the discerning developer. An offer on this property can be made subject to the availability of the adjacent stand, to ensure that the full potential of the combined portions are secured.
Properties of this size, on this main thoroughfare, do not make it onto the market on a regular basis.
Secure and exclusive appointment.
Property Reference #: 4471284
Agent Details:
Alett Nel
CLE Properties
12 Duffton Way
Aston Manor
Kempton Park
This vacant stand, currently zoned as an agricultural holding, is situated on a busy intersection on 9th Street, Bredell. It is perfect for the development of warehousing, high density housing, a school or for a shopping centre. The closest warehouses to the property on offer are within 1 km from there.
The adjacent property of equal magnitude (2.9251 hectare), with an existing house and flat, will soon be on the market with the same agency. A combined surface area of 5.9069 hectare will then be available to the discerning developer. An offer on this property can be made subject to the availability of the adjacent stand, to ensure that the full potential of the combined portions are secured.
Properties of this size, on this main thoroughfare, do not make it onto the market on a regular basis.
Secure and exclusive appointment.
Property Reference #: 4471284
Agent Details:
Alett Nel
CLE Properties
12 Duffton Way
Aston Manor
Kempton Park
Id Subtitle 1025429000
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Estimated monthly repaymentR 86,697
Total property loan amountR 8,000,000
Total interestR 12,807,176
Total repaymentR 20,807,176
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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CLE Properties
Selling for 3+ years
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