1,983m² Vacant Land For Sale in Lynnwood Glen

R 4,500,000

Can I afford this?
5 months ago128 views
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General Details
For Sale By:Agency
Description
INVEST IN LOCATION!!!

SHOWDAYS - Virtual show, call agent for appointment.

Calling on all developers, this is a once in a lifetime deal waiting for you on a well visible corner stand, walking distance from Menlyn Maine, Menlyn Shopping Centre, Faerie Glen hospital, Varsity College and main roads.

This stand can be zoned for Flats, Clusters, Lock up and go apartments for young working professionals at Menlyn, hospitals, etc / students attending Varsity College in Lynnwood Glen.

The previous owner had plans drawn up for 60 Apartments (six storey building). We will share the plans with all serious buyers.

The current house on the stand is lapidated and will need to be demolished.

Opportunity is knocking !!! This is the perfect location youâ??ve wanted to develop.

Quick access to January Masilela road, Atterbury road, N1 Highway. Hattfield Christian Church and school.


Property Reference #: LFPE-14590

Agent Details:
Magdaleen Bester
Leapfrog Property Group
Corrobay corner
Dallas road
Unit 5a
Menlyn
Pretoria

Id Subtitle 1248982656
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Estimated monthly repaymentR 48,767
Total property loan amountR 4,500,000
Total interestR 7,204,037
Total repaymentR 11,704,037
Interest rate at 11.75% for 20 years *
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Leapfrog Property Group
Selling for 2+ years
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