Prime Exposure development site for sale

R 65,510,000

Can I afford this?
1 month ago73 views
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General Details
For Sale By:Agency
Description
The following property situated in-between Vereeniging / Three-Rivers and Vanderbijlpark is now for sale.

Situated on the corner of the R59 and R42. Bordering the Leeukuildam with neighbouring properties which house Makro, Cashbuild, Vaal President Hyper, Frontline Supermarket and various sectional title complexes. Prime exposure for the area.
A proposed township layout was drafted by the sellers, can be made available apon request.






Property is 65.51 hectares in size and is currently zoned “Agricultural”

Local council favors the possibility to have property rezoned to mixed use of ''Business" and "Residential" rights.

Closest sub-station is roughly 1km from the said property located on Colenso street.

Sale price is R100m² equating to R65 510 000 excluding VAT.

Property Reference #: 911

Agent Details:
Kendall Williamson
SA Land
92 Indaba Lane,Rietfontein,Muldersdrift,1747
Roodepoort

Id Subtitle 1267642636
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Estimated monthly repaymentR 709,937
Total property loan amountR 65,510,000
Total interestR 104,874,760
Total repaymentR 170,384,760
Interest rate at 11.75% for 20 years *
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