A PERFECT site for development!

R 15,388,800

Can I afford this?
2 months ago45 views
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General Details
For Sale By:Agency
Description
A perfect site for the development of a factory for owner use or for the development of mini factories for an investor.

Situated close to the N2 off ramp at KwaMashu and affording easy access from North Coast Road and other arterial roads in the northern business node, this vacant site offers the ideal opportunity to develop a building to your own specifications. There is also visibility of the site from the N2 which allows for signage.

There is a concrete ramp built which will facilitate super link access and there is also water tanks on site that would allow for a sprinkler system to be included in the development.

Power to the site is 300 amps and all servies – including electricity, water, sewerage and storm water drainage connecting points – are already on site.

We have some architects renderings of what could be achieved and welcome the opportunity to discuss this with a potential purchaser.

The existing owner will also develop to a tenant’s specifications should the desire be to rent and not purchase.

Please do not hesitate to contact Di Franks for an appointment to view.

Property Reference #: CL1411

Agent Details:
Di Franks
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Glenwood

Id Subtitle 1264203914
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Estimated monthly repaymentR 166,770
Total property loan amountR 15,388,800
Total interestR 24,635,883
Total repaymentR 40,024,683
Interest rate at 11.75% for 20 years *
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Maxprop Holdings (Pty) Ltd
Selling for 2+ years
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