Vacant Land /  Plot for sale in Riebeek Kasteel

R 1,525,000

Can I afford this?
3 months ago70 views
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For Sale By:Agency
Description
One of the last gems in the heart of the village, this leveled plot offers a unique investment opportunity in a buoyant property market in one of the best run municipalities in the country. Situated a mere 650m from the restaurants, shops and galleries, and thus a short stroll to all the amenities, this property is waiting to be developed to become a prestigious addition to this sought after part of town. FEATURES: - Slightly elevated, completely leveled - Fully fenced and gated - 990 Square meters - Panhandle access, thereby increased security and more private from public roads - Servitude over adjacent borehole - Stunning views over Kasteelberg - Plans for a 200m2, 3 bedroomed home in a contemporary style (awaiting Municipal approval after the December recess). - Old water reservoir, potentially to be converted into swimming pool
Id Subtitle 1259143707
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Estimated monthly repaymentR 16,527
Total property loan amountR 1,525,000
Total interestR 2,441,368
Total repaymentR 3,966,368
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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Martie Breitenbach
Selling for 7+ months
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