IF YOU ARE A SERIOUS-MINDED DEVELOPER …GET HERE FAST NOW

R 1,775,000

Can I afford this?
4 months ago79 views
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General Details
For Sale By:Agency
Description
Don't miss this opportunity to own this exceptional property.
The property has been rezoned to residential 4.
The coverage will be limited to 60% and all dwellings must not exceed three storeys.

Building plans for 24 X2 bedroom apartments were approved. Building requirements expired and needs to be resubmitted.
The units are 53,85 square meters each.
You as the new owner can make the first step to decide what type of development to design. Bulk services are already paid to the Council.

Perfect location in Cultura park. Easy excess to town and high way.

Seller is a VAT vendor. Price does not include VAT.

DEVELOPERS DELIGHT - IT IS A RARE AND SERENE BEAUTY!

Property Reference #: RNR1534

Agent Details:
Ilse Pretorius
RealNet Properties
Boardwalk Office Park, Eros Street, Faerie Glen
Block 12, Ground Floor

Id Subtitle 1253459963
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Estimated monthly repaymentR 19,236
Total property loan amountR 1,775,000
Total interestR 2,841,593
Total repaymentR 4,616,593
Interest rate at 11.75% for 20 years *
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