Land for Mixed Use Development

R 9,000,000

Can I afford this?
1 year ago513 views
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General Details
For Sale By:Agency
Description
This 8.5 Ha piece has road frontage on the busy R55. An initial layout plan is uploaded to the website. No town planning has been processed other than the initial proposal.

The property falls into the demarcated special node in Blue Hills

This piece should be granted "special" rights with 70 units per Ha High Density housing.

Close to Blue Hills Shopping Centre, Blue Valley Golf Estate and Olievenhoutbosch

A serious seller, will consider offers and a JV

Property Reference #: CL26

Agent Details:
Renee Varejes
Vartrust Real Estate
Kutoroka
Scorpion Trail
Midrand

Id Subtitle 1096745982
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Estimated monthly repaymentR 97,534
Total property loan amountR 9,000,000
Total interestR 14,408,073
Total repaymentR 23,408,073
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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Vartrust Real Estate
Selling for 7+ years
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