Future development potential and zoning for a church

R 9,845,000

Can I afford this?
1 year ago96 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
For Sale By:Agency
Description
Please read carefully to understand exactly what is for sale. This land was almost 22 hectares in size, but it was recently sub-divided.
This portion of vacant land that is for sale for
the price advertised, is 13.84 hectares in size and zoned for Agricultural use, but the location thereof is perfect for future developments. It is walking distance to the Mall of the North.
It is surrounded by ongoing residential developments to the Eastern side of Polokwane

The remaining portion of almost 7 hectares was rezoned for a church.

The owner is willing to sell the 13.84 hectares for the advertising price, or both portions together for R17.5million.

The portion that was zoned for a church, can not be bought on its own. If you are a developer looking for perfectly situated land, then this is the opportunity you have been waiting for.

Property Reference #: RL2622

Agent Details:
Mariaan Botes
Property Connect Hoofkantoor
Office 4, Sayer Square
cnr Mitchell and Cathedral Street
George
6530

Id Subtitle 1200117782
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 106,691
Total property loan amountR 9,845,000
Total interestR 15,760,831
Total repaymentR 25,605,831
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.
RECALCULATE
Property Connect Hoofkantoor
Selling for 2+ years
Total Ads618
Active Ads618
Professional Seller
Seller stats
618Total Ads
370.93KTotal Views
Contact Property Connect Hoofkantoor
084*******Show Number
Message
(3994)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.