Development opportunity, with content use for business.

R 9,990,000

Can I afford this?
13 days ago19 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):3
Size (sqm):900
Parking:Covered
Description
Development Property Opportunity
An Ideal Investment for Your Business
Welcome to an exceptional opportunity for business owners and property investors. Nestled in a prime location, this property presents a unique blend of mixed use residential, hotel or section tene aesthetics, making it perfect for both business use and investment. Let us introduce you to the potential of this remarkable property:
Property Features:
Large Stand Size:The building is strategically set back from the road, creating a sense of grandeur and offering a spacious front garden with a refreshing pool. The ample space provides an attractive ambiance that sets the tone for a productive and comfortable work environment.
Prime Location:This property boasts an excellent location, especially for business owners residing in the area. It ensures convenience and accessibility, allowing you to focus on what truly matters – the growth of your business.
Homely Environment:Experience a work environment like no other. This property exudes a gentle, homely charm, offering a comfortable and inviting atmosphere for you, your team, and your clients. Say goodbye to the ordinary office space and embrace a place that feels like home.
Double Storey Building:The large double-storey structure is currently utilized as an office space. With spacious rooms and versatile layouts, it provides endless possibilities for customization. The old tennis court can be repurposed for ample parking, ensuring that your staff and clients have no trouble finding a parking spot.
Large Land Size (4,753m2):The property extends to a generous 4,753 square meters, offering abundant space for various developments or expansions.
Investment Potential:
Calling all developers! The seller is open to a joint venture with the purchaser, making this a remarkable opportunity for property investment:
Density for Development:The land has the potential to support the construction of 16 to 18 units. This presents an incredible opportunity to expand and diversify your property portfolio or create a lucrative development project.
Flexible Terms:The seller is prepared to be flexible regarding occupation, zoning, and council applications, ensuring that your investment plans align with your goals and timelines.
Don't miss out on this rare opportunity to secure a property that offers both immediate business benefits and long-term investment potential. Whether you're a business owner looking for the perfect office space or a savvy investor seeking growth, this property has it all.
Contact us today to explore this gem in South Africa's property market. Your future success begins here.

Has Pool
Property Reference #: 7002001-41678

Agent Details:
Lieska Dieperink
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274214646
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Estimated monthly repaymentR 108,263
Total property loan amountR 9,990,000
Total interestR 15,992,961
Total repaymentR 25,982,961
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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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
Professional Seller
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3.68MTotal Views
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