Prime Blue HIlls property with R55 frontage

R 27,000,000

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1 month ago48 views
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General Details
For Sale By:Agency
Description
This prime Blue Hills property is situated along the R55 between Centurion and Johannesburg north and bordering the popular Century Blue Hills Equestrian Estate..
The area features ample medium residential developments as well as a number of other high income Equestrian Estates.
The site is situated to accommodate residential development at varying densities due to its size and accessibility to major routes.
Rezoning from Agricultural rights has not yet been started.
Would suit a retirement Village with close proximity to Retail centres and Hospitals.
City Council will support a gross density of 20du/Ha resulting in approximately 300 units on the site, subject to a formal township application being lodged.

Property Reference #: 685

Agent Details:
Nigel Williamson
SA Land
92 Indaba Lane,Rietfontein,Muldersdrift,1747
Roodepoort

Id Subtitle 1266350274
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Estimated monthly repaymentR 292,601
Total property loan amountR 27,000,000
Total interestR 43,224,218
Total repaymentR 70,224,218
Interest rate at 11.75% for 20 years *
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