Land in Hillcrest For Sale

R 7,600,000

Can I afford this?
23 days ago34 views
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For Sale By:Agency
Description
Prime Development Vacant Land for Sale in Kimberley

This vacant land is pre-approved for residential 3 with approval for 152 units at R7 600 000.00 excl vat (this equals to R50 000.00 per opportunity) in a sought after suburb in Kimberley.

The vacant land is conveniently situated:
3.5km from Northern Cape Mall
3.9km from Diamond Pavillion Mall
4.1km from the Big Hole
4.8km from Solplaatje
1.6km from Mediclinic Gariep
and within 2km of two High Schools and Primary Schools

The development opportunity consist of opportunity to develop 152 units with a combination consisting of stylish and modern 2 and 3 bedroom units with the possibility of communal amenities i.e communal swimming pool and clubhouse.

Included in this opportunity you will receive the following:
- Land Size consisting of 8512sqm
- Main electricity transformer supply (installation cost of R 1 000 000.00)
- Building plans
- 3D renders for marketing purposes
- Municipal zoning approval
- Municipal service approval

Based on market and cost survey conducted by seller, the cost per opportunity is R50000.00
The plans provided have expired and can easily be renewed.
This development opportunity comes once in a lifetime, do not miss out!!!

Contact us to view this Land


Property Reference #: 4124052

Agent Details:
Linda Erlank
West Coast and Swartland
Chas Everitt
44 Yente Street
Hadisonpark
Kimberley
8301


Id Subtitle 1274970810
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Estimated monthly repaymentR 82,362
Total property loan amountR 7,600,000
Total interestR 12,166,817
Total repaymentR 19,766,817
Interest rate at 11.75% for 20 years *
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Chas Everitt
Selling for 3+ years
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