Stand For Sale in Cathkin Park

R 2,950,000

Can I afford this?
1 year ago210 views
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General Details
Location:
For Sale By:Agency
Description
DEVELOPERS OPPORTUNITY in the heart of the Central Drakensberg.

This property is zoned for development and located in a prime location where land for developments are scarce to find.

It has rights for the development of 11 houses and 1 clubhouse which has already been approved. With easy access to the R600, the most breathtaking views of the Drakensberg and situated within close proximity to all tourist attractions, restaurants, hiking trails, golf courses and shops, this is the perfect opportunity to develop a residential estate, holiday resort or private residence.

The property is well maintained and boasts the following:
- Electricity connection pole (100 KVA)
- 2 boreholes
- a natural fountain
- River crossing into the land
- Proper front fence

The environmental authorization and scoping reports are complete.

Contact me to set up a viewing appointment.

Security Features: Fence
Property Reference #: 3894920

Agent Details:
Pierre de Wet
KZN North Coast
Chas Everitt
Chas Everitt North Coast

Id Subtitle 1162489300
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Estimated monthly repaymentR 31,970
Total property loan amountR 2,950,000
Total interestR 4,722,647
Total repaymentR 7,672,647
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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Chas Everitt
Selling for 3+ years
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