4.3001 Hectares of vacant land for sale in Victoria Drive, Walmer

R 1,700,000

Can I afford this?
5 months ago66 views
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General Details
For Sale By:Agency
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Description
Ideal for investors and developers.
Property currently zoned as undisclosed but can be used for residential as well as for agricultural use.
Land falls within strip earmarked as Active Open Space (sport fields)
Can build multiple dwellings up to 12M in height with a maximum of 3 floors but land would need to be rezoned to the appropriate zoning.
Highly visible on the ever expanding Victoria Drive.
Well priced at only R65/ Square meter.
Contact me for more information.

Rates And Taxes: 1000
Property Reference #: 2012424

Agent Details:
Jörg Brand
Smart Properties - Port Elizabeth
Shop 4
189 Main Road
Walmer
Port Elizabeth
6070

Id Subtitle 1250844866
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Estimated monthly repaymentR 18,424
Total property loan amountR 1,700,000
Total interestR 2,721,525
Total repaymentR 4,421,525
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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Smart Properties - Port Elizabeth
Selling for 3+ years
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