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4,056,700m² Vacant Land For Sale in Grootfontein Ah

R 85,000,000

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4 months ago92 views
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General Details
For Sale By:Agency
Description
405 HECTARES WITH AUTHORISATIONS & EIA’S FOR A 197 ERF TOWNSHIP DEVELOPMENT & 49 PLOTS OF 4.2 HECTARES EACH

***** THE PRICE IS EXCLUSIVE OF VAT

This is a rare opportunity for developers that does not often appear on the market and is an ideal venture for the discerning investor.

405 Hectare township development on an expansive fertile property adjacent to a large dam with scenic views of the surrounding valley and beyond.

197 erf township development with all authorisations and EIA’s in place plus a further 49 plots of 4.2 hectares each. The mere sale of the 49 plots can recover the total capital outlay.

MAIN FEATURES:

• 197 Erven township
All authorisations and the EIA in place

• Further 49 plots of 4.2 hectares each
EIA and all other authorisations obtained

• Large modern fenced homestead on farm

• Three cottages that are currently let

• Large shed for farm equipment

• Whole farm enclosed by game fencing and electric entrance gate

• Ideal property for grazing cattle, other livestock or game

• On the banks of a large dam that does not drop its level throughout the year (water rights from the dam belong to a neighbouring farm)

• Four boreholes that deliver approximately 8 000 lph

• No dolomite

IN CLOSE PROXIMITY TO:

• Main arterial routes and highways
• Shopping malls
• Hospitals and medical centres
• Schools
• All other required amenities

Kindly contact agent for an appointment.

Property Reference #: 6950615

Agent Details:
Alett Nel
CLE Properties
12 Duffton Way
Aston Manor
Kempton Park

Id Subtitle 1317101352
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Estimated monthly repaymentR 921,152
Total property loan amountR 85,000,000
Total interestR 136,076,241
Total repaymentR 221,076,241
Interest rate at 11.75% for 20 years *
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CLE Properties
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