Property with Lots of Room to Develop

R 8,400,000

Can I afford this?
10 months ago76 views
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General Details
For Sale By:Agency
Description
Fantastic offer! Fantastic location in Ferndale, completely fantastic sight for a stunning house, zoned for units, guesthouse, medical suites, offices, school, retirement, etc. - your pick!

Entering is like walking inside a castle. The property is currently divided into two halves. One end serves as a training facility, while the other serves as accommodation for tenants.

Well-kept property with plenty of parking. With a 4015 sqm stand, there is plenty of room for expansion and development. This property is ideal for investors looking for endless growth and offers a one-of-a-kind investment opportunity for anyone looking to break into the real estate industry as the current plans even allows conversion to an apartment complex

Quick access to Sandton CBD

Quick access to Republic Road

Private

Garden

Remote access

Pet friendly

Fibre

Rates and Taxes R1590

Offers from R7m are welcome

Let's Talk!

Property Reference #: TPR6591

Agent Details:
Kay Erinoso
Tyson Properties
Block 6
Fourways Office Park
Roos Street
Fourways
2055

Id Subtitle 1220999335
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Estimated monthly repaymentR 91,032
Total property loan amountR 8,400,000
Total interestR 13,447,535
Total repaymentR 21,847,535
Interest rate at 11.75% for 20 years *
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Tyson Properties
Selling for 3+ years
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