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Development opportunity

R 2,000,000

Can I afford this?
10 months ago315 views
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General Details
For Sale By:Agency
Description
Development opportunity in Blue Downs

This vacant land is zoned for Local Business. Site is ready for development. Everything has been approved and extra information can be sent via email upon request.
This is a great location for a blue chip tenant! Retail stores would love this location!
450 single residential homes has already been built with another development on it's way

Option 1
Purchase the land and develop then sell

Option 2
Purchase the land and develop according to blue chip tenants specs

Property Reference #: CL8401

Agent Details:
Corniel Swanepoel
Just Property
Unit 3, Park Central, 21 New Street, Durbanville, 7550

Id Subtitle 1282988406
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Estimated monthly repaymentR 21,675
Total property loan amountR 2,000,000
Total interestR 3,201,794
Total repaymentR 5,201,794
Interest rate at 11.75% for 20 years *
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Just Property
Selling for 10+ months
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