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BEDFORDVIEW DEVELOPMENT - APPROVED.
R 8,000,000
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1 year ago85 views
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General Details
Location:
For Sale By:Agency
Description
BEDFORDVIEW DEVELOPMENT.
Opportunity awaits the Developer or Investor to grasp an Approved Development of 45 Residential Units in a popular and upmarket suburb of Bedfordview.
No delays waiting for council approval and rezoning.
Already APPROVED by City Planning Department: Ekurhuleni Municipality.
Property Size: 2,961m2
Existing Rights: Business 3
Height: 2 Storeys
Coverage: 40%
Proposed Rights Approved: Residential 3
Height: 4 Storeys
FAR: 1.4
Coverage: 50%
Density: 45 Dwelling Units on Site.
Existing Buildings on Site, Development not in progress yet.
Property Reference #: PTR194
Agent Details:
Madelein De Jager
PropertyTime
Kempton Park
Opportunity awaits the Developer or Investor to grasp an Approved Development of 45 Residential Units in a popular and upmarket suburb of Bedfordview.
No delays waiting for council approval and rezoning.
Already APPROVED by City Planning Department: Ekurhuleni Municipality.
Property Size: 2,961m2
Existing Rights: Business 3
Height: 2 Storeys
Coverage: 40%
Proposed Rights Approved: Residential 3
Height: 4 Storeys
FAR: 1.4
Coverage: 50%
Density: 45 Dwelling Units on Site.
Existing Buildings on Site, Development not in progress yet.
Property Reference #: PTR194
Agent Details:
Madelein De Jager
PropertyTime
Kempton Park
Id Subtitle 1184863532
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Estimated monthly repaymentR 86,697
Total property loan amountR 8,000,000
Total interestR 12,807,176
Total repaymentR 20,807,176
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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Selling for 3+ years
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