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Development Opportunity on Large Corner Stand
R 4,900,000
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1 month ago74 views
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General Details
Location:
For Sale By:Agency
Description
This exceptional development opportunity is situated on a prominent corner erf, boasting a substantial land area of 3,879 sqm. The property features a charming 3-bedroom house plus a separate office building with a generous storage space of 430 sqm all together. The expansive adjacent erf, spanning an impressive 8,264 sqm, is also available for consideration and is listed separately for R 7,900,000.
With its current church rights, this property offers an array of possibilities for prospective buyers. It presents an ideal canvas for transformation into a school, training center, or other educational institutions. The ample space allows for creative development and expansion to cater to various needs. As mentioned, the expansive adjacent erf, spanning an impressive 8,264 sqm, is also available for consideration and is listed separately for R 7,900,000. This offers a unique opportunity for developers or investors looking to establish a comprehensive educational hub/ security complex. Imagine creating a campus-like environment that fosters learning and growth…Combined, these two properties have the potential to form a remarkable establishment that caters to educational, training, or community-focused ventures such as much needed apartment complexes.
Don't miss out! Whether you're an investor seeking a lucrative opportunity or an entrepreneur with a vision for educational excellence, this property promises to fulfil your aspirations.
Contact us today to arrange a viewing and to explore the endless possibilities that this remarkable development opportunity presents.
Property Reference #: CCH171
Agent Details:
Stephan Weyers
CCH (Cape Coastal Homes / City Country Homes)
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
With its current church rights, this property offers an array of possibilities for prospective buyers. It presents an ideal canvas for transformation into a school, training center, or other educational institutions. The ample space allows for creative development and expansion to cater to various needs. As mentioned, the expansive adjacent erf, spanning an impressive 8,264 sqm, is also available for consideration and is listed separately for R 7,900,000. This offers a unique opportunity for developers or investors looking to establish a comprehensive educational hub/ security complex. Imagine creating a campus-like environment that fosters learning and growth…Combined, these two properties have the potential to form a remarkable establishment that caters to educational, training, or community-focused ventures such as much needed apartment complexes.
Don't miss out! Whether you're an investor seeking a lucrative opportunity or an entrepreneur with a vision for educational excellence, this property promises to fulfil your aspirations.
Contact us today to arrange a viewing and to explore the endless possibilities that this remarkable development opportunity presents.
Property Reference #: CCH171
Agent Details:
Stephan Weyers
CCH (Cape Coastal Homes / City Country Homes)
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
Id Subtitle 1269973246
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Estimated monthly repaymentR 53,102
Total property loan amountR 4,900,000
Total interestR 7,844,396
Total repaymentR 12,744,396
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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CCH (Cape Coastal Homes / City Country Homes)
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