Development for sale

R 11,500,000

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17 days ago18 views
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General Details
For Sale By:Agency
Description
Ntulo Vivant, the latest development in Nelspruit, Mpumalanga, located within Ntulo Wildlife Estate, is now available FOR SALE to a developer for comprehensive development. This unique opportunity allows for the creation of an entire development, with approval in place for 16 units and a application in the final stages to rezone for 40 units and the potential to expand to 49 units. The owner also developed 5 concept plans (147 to 203 square meters) which can be provided to potential buyers.

The development needs to be constructed with all services (electrical, sewer, water) and the storm water final designed. The services to be catered for included excavations, back filling and stabilization layers of the road, curb installation only and paved areas for general traffic, the services also included an 800m sewer line connection next to the main road to the existing sewer connection point. Costing is available if interested.

Developers have the freedom to choose their path, whether it's building and selling, selling off-plan, or building to rent out, making Ntulo Vivant a versatile canvas for realizing their development vision. Please note that services and roads to the units are to be installed by the purchaser at their cost.

Ntulo Wildlife Estate, home to Giraffe, Zebra, and other wildlife, offers a secure and ideal environment for investment.

Ntulo Vivant will offer the Developers client to experience the beauty of the bushveld with bushveld views, surrounded by Giraffe, Zebra, and other wildlife, creating a serene backdrop.

Purchaser will find solace in the tranquility of lowveld living, all while being conveniently close to local amenities like Ilanga Mall, Crossings Centre, and nearby hospitals, including Medi Clinic Nelspruit. Ntulo Wildlife Estate's location and scenery provide the perfect blend of natural beauty and urban convenience.

Don't miss this exceptional opportunity to invest to become the Developer of Ntulo Vivant today!

Land size 49 523 square meters (site plan can be provided to interested Developers).

Property Reference #: RL1421

Agent Details:
Jana Mare
Prime Platinum Property
9 Lower SabiThe Rest Nature EstateNelspruitMpumalangaSouth Africa

Id Subtitle 1276743941
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Estimated monthly repaymentR 124,627
Total property loan amountR 11,500,000
Total interestR 18,410,315
Total repaymentR 29,910,315
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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