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Land with Cottage-Observatory Jhb For Sale

R 1,700,000

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2 years ago171 views
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General Details
For Sale By:Agency
Description
Two bedroom Cottage plus 1000m² plot for sale in the Family Orientated and Enclosed Estate of Observatory. The Zoning allows for development of Townhouses up to 3 storeys in height. 4 Units may be built on the 1000m² land, making this a Lucrative Investment Venture. Choose to live in the cost two bedroom cottage while development of your land is in progress, or elect a contractor to monitor the project. The land also includes a large pool which may be downsized to lift the value of your investment.
Id Subtitle 1196492563
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Estimated monthly repaymentR 17,259
Total property loan amountR 1,700,000
Total interestR 2,442,135
Total repaymentR 4,142,135
Interest rate at 10.75% for 20 years *
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Abraham de Costa
Selling for 13+ years
Total Ads150
Active Ads12
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