Development Land in a Prime Location between Fourways and Midrand

R 24,500,000

Can I afford this?
9 months ago265 views
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For Sale By:Agency
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Description
2 Fantastic Sale Options of development Land for Earnest Developer.

Land 1:
74Ha - R65,000,000
The land is situated on Mnandi road, near the fast-growing Riversands development.
This land is ideal for residential development that can boast large private stands, equestrian features and luxury living. For an industrial option, the land is situated with close proximity to the N14 Highway. There is infinite business opportunities considering the size of the land. The current zoning is still “Agricultural”, so a rezoning application will have to follow.
This location is close to all sorts of amenities, which include Makro (Riversands)4.2km , Pinnacle College Kyalami(5.2km) and Blue hills College(4.8km).

Land 1:
13Ha - R24,500,000
The land is situated on Mnandi road, near the fast-growing Riversands development.
This land already includes a fully functional lodge / conference accommodation. Currently the land has accommodation for rental, with rental Income, this business can be purchased in a separate agreement. Forward planning means that the land can be further developed into a private high end residential estate. For an industrial option, the land is situated with close proximity to the N14 Highway. There is infinite business opportunities considering the size of the land and location to the Makro DC and flanked by a regional mall. The current zoning is “Agricultural”, so a rezoning application will have to follow.


This location is close to all sorts of amenities, which include Makro (Riversands)4.2km , Pinnacle College Kyalami(5.2km) and Blue hills College(4.8km).

Property Reference #: 166

Agent Details:
Thandiwe Gcaba
MID Properties
30 Albertyn Street, Vorna Valley, Midrand,1686

Id Subtitle 1219630489
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Estimated monthly repaymentR 265,509
Total property loan amountR 24,500,000
Total interestR 39,221,976
Total repaymentR 63,721,976
Interest rate at 11.75% for 20 years *
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