New development in Lanseria Corporate Estate

R 5,676,000

Can I afford this?
2 years ago349 views
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General Details
For Sale By:Agency
Description
Stand for sale:
5,676sqm for sale at R5,676,000.00 plus vat
Allowed Coverage on the stand : 60%
Allowed FAR: 0.6
Zoned: Industrial 1

Also with the new development, there is a 2,967sqm building option.
Seller has schematic plans and renderings of a possible building for a tenant or purchaser.

For Sale Full Turnkey Development option:
Approximately R25,000,000 plus vat negotiable for the 2,967sqm Brand New Building - subject to final sizing / warehouse height & finishes as well as the warehouse / office ratio.

Building Develop To Lease :
Building Size: 2,967sqm
Warehouse: 2,473sqm
Ground & First Floor Offices: 494sqm
The building can be adjusted to suit the prospective tenants requirements.

Allowed Coverage on the stand : 60%
Allowed FAR: 0.6


The stand is zoned industrial 1 and is serviced with water and power.

Direct Eskom power supply

Time frame for development: approximately 9 months from date of signature.

Property Reference #: SW5676L

Agent Details:
Sheldon Whitehead
API Property Group
API House, First floor, 85 Wessel Road, Rivonia

Id Subtitle 937854223
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Estimated monthly repaymentR 61,512
Total property loan amountR 5,676,000
Total interestR 9,086,692
Total repaymentR 14,762,692
Interest rate at 11.75% for 20 years *
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API Property Group
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