Excellent Developers Right opportunity, excellent location

R 5,400,000

Can I afford this?
2 years ago700 views
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General Details
For Sale By:Agency
Description
Property Address:
Ramsgate, Ramsgate
Excellent Developers Right opportunity, excellent location
(Please note: Section 25 of Sectional Title Act relevant)

• Brilliant opportunity for Developer.
• Zoned for up to 27 x 2&3 bedroom units where you would enjoy sea- views from every room (or build your dream home)
• Sectional title already registered
• infrastructure (electrical and reticulation in place).
• Land needs very little preparation/attention prior to building (leveled ground).
• just 100m to the sought after Ramsgate beach
• surrounded by popular developments and restaurants and tourist attractions
• Hot buy
• Sizzling hot location
• R5.4m and you'll be owning the right to develop pure coastal paradise.

Property Reference #: 1454

Agent Details:
Lorraine Ferreira
Property Plus Investments
Shop 19 Rondevoux, William O'Connor Drive, Margate, Durban
Umtentweni

Id Subtitle 945326517
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Estimated monthly repaymentR 58,521
Total property loan amountR 5,400,000
Total interestR 8,644,844
Total repaymentR 14,044,844
Interest rate at 11.75% for 20 years *
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