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Developer ready site, located strategically in The Interchange, Somerset West
R 25,000,000
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General Details
Location:
For Sale By:Agency
Description
One of the last available, open erven, in the Somerset West Interchange, is currently awaiting the right developer and/or investor. Consisting of two erven and a combined size of just over 11 000m2, makes a variety of development options possible.
The area has proven itself over the last 10 years as one of substance, hosting multiple national entities. Within close proximity to the N2 and ease of access, the site has a favourable outlook out of a logistical point of view as well as that of potential clientele. Approvals and plans for a storage facility have been done and inplace.
However being zoned business one, the options for developing the site are multiple.
Please feel free to get in contact for more information.
Price R 25 million ex VAT
Property Reference #: CL348
Agent Details:
Chris Vosloo
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320
The area has proven itself over the last 10 years as one of substance, hosting multiple national entities. Within close proximity to the N2 and ease of access, the site has a favourable outlook out of a logistical point of view as well as that of potential clientele. Approvals and plans for a storage facility have been done and inplace.
However being zoned business one, the options for developing the site are multiple.
Please feel free to get in contact for more information.
Price R 25 million ex VAT
Property Reference #: CL348
Agent Details:
Chris Vosloo
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320
Id Subtitle 1121456905
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Estimated monthly repaymentR 270,927
Total property loan amountR 25,000,000
Total interestR 40,022,424
Total repaymentR 65,022,424
Interest rate at 11.75% for 20 years *
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Agrisell PTY Ltd
Selling for 6+ years
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