55 hectare proclaimed township. Opportunity to convert to Social Housing in Villiers

R 5,500,000

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6 months ago138 views
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General Details
For Sale By:Agency
Description
Calling all Social Housing Developers !!

This 55 hectare new suburb of Villiers in the Free state is ideally positioned for conversion to a Social Housing Scheme.
Currently there are 30 large Residential 1 erwen and 5 Group Housing stands ( 30 per hectare).
Well priced at R 5 500 000
Bulk services available. Service level agreement needs to be renewed with Mafube local authority
30 stands of which - 5 x General Residential Stands (Group Housing) zoned @ 30 units per hectare (limited 150 units in total);
Balance of stands are Special Residential stands (2 000m2 to +- 2ha);
2 x Boat house stands;

Property Reference #: 889

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

Id Subtitle 1241739137
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Estimated monthly repaymentR 59,604
Total property loan amountR 5,500,000
Total interestR 8,804,934
Total repaymentR 14,304,934
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