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Spacious Land available in Ferndale ( 2006 m² )
R 8,398,999
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17 days ago47 views
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General Details
Location:
For Sale By:Agency
Description
This property is in West Ave Ferndale, very close to the main road of Malibongwe. It's also 100m from a proposed new shopping Centre. One stand, measuring 2006ms2 and offers an investor or developer an opportunity to erect a smaller budget development.
The property is adjacent to two other stands, measuring 2009m2 and 4000m2, (total of 8000m2 by same owner) making it feasible for a developer or investor seeking a much larger return.
Indications from a town planner would suggest up to 40 units could be built on the consolidation of the 3 stands. Options abound. There is an existing house on this property to generate income while zoning awaited. An awesome opportunity awaits you. Don't hesitate to call us.
Property Reference #: 628
Agent Details:
Lettie Moyo
Ascend Property Management
33 Ballyclare Drive, Bryanston, Sandton, 2021
Sandton
The property is adjacent to two other stands, measuring 2009m2 and 4000m2, (total of 8000m2 by same owner) making it feasible for a developer or investor seeking a much larger return.
Indications from a town planner would suggest up to 40 units could be built on the consolidation of the 3 stands. Options abound. There is an existing house on this property to generate income while zoning awaited. An awesome opportunity awaits you. Don't hesitate to call us.
Property Reference #: 628
Agent Details:
Lettie Moyo
Ascend Property Management
33 Ballyclare Drive, Bryanston, Sandton, 2021
Sandton
Id Subtitle 1273355920
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Estimated monthly repaymentR 91,021
Total property loan amountR 8,398,999
Total interestR 13,445,932
Total repaymentR 21,844,931
Interest rate at 11.75% for 20 years *
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Ascend Property Management
Selling for 3+ years
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