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95 Bedroom with 84 Bathroom Development Land For Sale in Saldanha Western Cape
R 12,500,000
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General Details
Location:
For Sale By:Agency
Description
DEVELOPMENT PROJECT FOR SALE IN PERFECT LOCATION
The Project available is being sold in entirety with the ground .
Buy and begin to develop immediately as all permissions and plans are approved and in place. Having this in place will save time and funds .
Approved project will be built on 2094 sm prime land that currently is in the form of Three rented homes.
42 luxury apartments spanning 6 floors will all have modern kitchens, lounges, dining areas and bathrooms. Sizes range from 71sm 2 Bedroom with 19sm patios/ balconies up to 104sm 3 bedroom with 24 sm patios/ balconies with 3 spectacular top floor units of up to 159sm under roof with 27sm patios.
Ground Floor 6 units.
First floor 10 units.
Second floor 9 units.
Third floor 8 units.
Fourth Floor 7 units.
Fifth Floor 3 Units.
These amazing sea view apartments have an open-designed secured entrance and all units face south east with a panoramic view of the bay.
Facing north, the communal and pool area is designed for residence only, with privacy and protection from the prevailing south easter.
The apartments offer the atmosphere of high-rise living with the qualities of a private residence.
THE PROPERTY IS BEING SOLD WITH ALL APPROVALS AND THE GROUND.
Perfect to take over and develop when you are ready as the leases on existing properties bring in a substantial income currently.
Estimated sale prices once completed could range from R1 900 000 to R2 400 000 for a 2 bedroom and R3 050 000 to R3 300 000 for a 3 Bedroom unit with up to R5 000 000 for a penthouse unit. Market value is increasing in the area.
3D Virtual tour of the approved site available on request as well as any information needed can be supplied by seller on request .
To view more details, photos and floor plans for this property please go to https://www.myroof.co.za/MR516130
Has Pool
Property Reference #: MR516130
Agent Details:
MyRoof Properties
MyRoof.co.za
373 Timothy Street, Waterkloof Glen, Pretoria 0181
8am-5pm Mon-Fri
Id Subtitle 1132748808
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Estimated monthly repaymentR 135,464
Total property loan amountR 12,500,000
Total interestR 20,011,212
Total repaymentR 32,511,212
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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MyRoof.co.za
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