Prime Mixed-Use development Opportunity in Salt River

R 6,400,000

Can I afford this?
1 year ago132 views
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Description
Calling all Developers and Renovators, this 823 sqm Mixed Use 2 property currently is now on the market. This is a prime opportunity to develop this property which has a potential of 2500sqm of extra bulk available and offers a wide range of potentials such as offices and residential. Successfully completed projects in the area include Radar Dad and The Upper East Side.
Attractively priced at R6,4 million, there is a huge upside in whatever you decide to do with this blank canvas
Call me for a viewing.

Property Reference #: CL2691

Agent Details:
Daniel Bernberg
Port Commercial Properties Pty Ltd
Suite G01 Radar Dad Building
17 Queens Park Avenue
Salt River
7925
Cape Town

Id Subtitle 1115532236
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Estimated monthly repaymentR 69,358
Total property loan amountR 6,400,000
Total interestR 10,245,741
Total repaymentR 16,645,741
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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Port Commercial Properties Pty Ltd
Selling for 5+ years
Total Ads799
Active Ads799
Professional Seller
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