Development opportunity in Sea Point

R 8,495,000

Can I afford this?
3 months ago87 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):2
Size (sqm):527
Description
An opportunity not to be missed.
GR2 zoned property for sale with the potential for Development. Located on quiet street, yet in the heart of a sought-after Sea Point.
Approved plans for 5 units.
Demolition certificate in place.
Approved plans
Ready to demolish existing house and break ground for new development.
Prime location
Mountain views and potential sea views

Rates And Taxes: 4000
Property Reference #: 927

Agent Details:
Ben Delport
Operandi Estates
2 Roos Road, Green Point, Cape Town, South Africa
Cape Town

Id Subtitle 1258590281
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Purchase price
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No. of years
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Estimated monthly repaymentR 92,061
Total property loan amountR 8,495,000
Total interestR 13,599,620
Total repaymentR 22,094,620
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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pro-prop-3TyMu
Selling for 7+ years
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