Calling all investors - Hurry!

R 425,000

Can I afford this?
1 year ago144 views
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General Details
For Sale By:Agency
Description
De Deur is one of the suburbs that is currently developing fast. De Deur is also a favorable residential area due to the fact that there is also a great selection of schooling facilities. Some of which include Laerskool De Deur, Madressah Miftahaul Uloom, Michael Rua Intermediate Farm School, Mabohlale Primary School, Lakeside Estates Primary School, New Hop Secondary School, Merwele Primary Farm School and Walkerville Primary Farm. Due to the fact, De Deur is closely located to various economic, commercial and residential epicentres of the country infrastructure and roads are generally well maintained

These stands are situated in De Deur Estates and there are 16 to choose from. The prices differ according to size. Also calling on all developers! If you are looking to build a complex and rent out, this is the ideal opportunity knocking on your door. The stands are already zoned to Residential 1. The opportunity to build your dream home is here! ** Please take note that banks only offer 60% loans on vacant land and you will need a 40% deposit, unless you apply for the entire building package which will include plans etc.

Property Reference #: 5539423

Agent Details:
Jacob Molotsi
Dormehl Phalane Property Group
18 Klip River Drive,
Three Rivers,
Vereeniging

Id Subtitle 1148801378
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Estimated monthly repaymentR 4,606
Total property loan amountR 425,000
Total interestR 680,382
Total repaymentR 1,105,382
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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Dormehl Phalane Property Group
Selling for 3+ years
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