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Luxury meets affordability in Groot Brak River
R 15,000,000
Can I afford this?6 Photo(s)
15 days ago26 views
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Description
Introducing two remarkable opportunities in Groot Brak River, Western Cape! This expansive 4.7-hectare land parcel presents incredible development potential for 50 affordable properties alongside a selection of luxurious homes. Nestled in a prime location, the majority of the stands offer breathtaking sea views, adding an enchanting allure to the envisioned community. Embrace the chance to create a harmonious blend of affordability and luxury within this scenic coastal landscape. Don't miss out on the chance to shape the future of this sought-after area with this remarkable land offering.
The second opportunity is in 10 duet-style properties at the bottom of the bigger portion of land. Building of the first two units has already commenced and is ready to go to market. Invest in the whole project or only in one erf with the duets. This development will soon be registered as a sectional title unit with its own homeowner's association.
Property Reference #: 7002001-34398
Agent Details:
Jaco Kriel
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
The second opportunity is in 10 duet-style properties at the bottom of the bigger portion of land. Building of the first two units has already commenced and is ready to go to market. Invest in the whole project or only in one erf with the duets. This development will soon be registered as a sectional title unit with its own homeowner's association.
Property Reference #: 7002001-34398
Agent Details:
Jaco Kriel
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274213787
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Estimated monthly repaymentR 162,557
Total property loan amountR 15,000,000
Total interestR 24,013,455
Total repaymentR 39,013,455
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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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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