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Potential developement land for Sale

R 12,500,000

Can I afford this?
5 days ago104 views
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General Details
Location:
Berea & Musgrave, Durban City
For Sale By:Owner
Description

Prime opportunity to acquire a 1972sqm corner plot of high traffic intersection, Problem Mkhize Road( Cowey Road) and Sandile Thusi Road (Argyle road).


Perfectly positioned for service station, retail or mixed use development. Location of the property boasts a great investment opportunity with strong growth potential.

Id Subtitle 1345904286
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Estimated monthly repaymentR 126,904
Total property loan amountR 12,500,000
Total interestR 17,956,869
Total repaymentR 30,456,869
Interest rate at 10.75% 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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Naeem Khan
Selling for 11+ years
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