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Res 3 Development land in Clayville
R 12,600,000
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General Details
Location:
For Sale By:Agency
Description
Property Address:
Clayville, Midrand
This zoned but unserviced development site is at Pre Proclamation level.
Current draft SDP is a mix of 64 x 2 bedroom semi detached and duplex units and 21 x 1 bedroom double storey units.
The area is well located with regards to the developments in the Midrand strip and Centurion and is close to the upmarket Midstream Estate.
Extent: 1.0162 Ha (10 162 m2).
Zoning: GR3 (General Residential 3) with Ekurhuleni Town Planning Scheme and with Council.
Allowable Bulk 30%, Height allowance 3 storeys; density of 85 units per hectareRental market strong wioth 1 bed apartment fetching R3500 per month and 2 bed houses R5500
Property Reference #: 511
Agent Details:
Nigel Williamson
SA Land
92 Indaba Lane,Rietfontein,Muldersdrift,1747
Roodepoort
Clayville, Midrand
This zoned but unserviced development site is at Pre Proclamation level.
Current draft SDP is a mix of 64 x 2 bedroom semi detached and duplex units and 21 x 1 bedroom double storey units.
The area is well located with regards to the developments in the Midrand strip and Centurion and is close to the upmarket Midstream Estate.
Extent: 1.0162 Ha (10 162 m2).
Zoning: GR3 (General Residential 3) with Ekurhuleni Town Planning Scheme and with Council.
Allowable Bulk 30%, Height allowance 3 storeys; density of 85 units per hectareRental market strong wioth 1 bed apartment fetching R3500 per month and 2 bed houses R5500
Property Reference #: 511
Agent Details:
Nigel Williamson
SA Land
92 Indaba Lane,Rietfontein,Muldersdrift,1747
Roodepoort
Id Subtitle 1266349580
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Estimated monthly repaymentR 136,548
Total property loan amountR 12,600,000
Total interestR 20,171,302
Total repaymentR 32,771,302
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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SA Land
Selling for 7+ years
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