North Riding Residential development opportunity

R 8,750,000

Can I afford this?
1 month ago39 views
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General Details
For Sale By:Agency
Description
Conveniently situated immediately below Celebration Retirement Village and a stones throw from Northgate Mall this 5,91 hectare land assembly is ideally positioned for a joint venture residential development .

Breakdown of price

Portion 361 35383 m² R5 500 000 web page # 154
Portion 427 15717 m² R2 750 000 open stand
Portion 426 4000 m² R 250 000 spruit frontage
Portion 429 4000 m² R 250 000 spruit frontage

Total Ha 59100 m² R8 750 000

Property Reference #: 740

Agent Details:
Nigel Williamson
SA Land
92 Indaba Lane,Rietfontein,Muldersdrift,1747
Roodepoort

Id Subtitle 1266350248
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Estimated monthly repaymentR 94,825
Total property loan amountR 8,750,000
Total interestR 14,007,849
Total repaymentR 22,757,849
Interest rate at 11.75% for 20 years *
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