73,370m² Farm For Sale in Grootvlei Ah

R 2,900,000

Can I afford this?
1 year ago330 views
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General Details
For Sale By:Agency
Description
***The purchase price is exclusive of VAT

Valuable investment opportunity that won’t be available for long. So do not hesitate.

6.6 Hectares with 5 double story flats in an area where there is a huge demand for accommodation and suitable land for the development of further housing.

Separate workshop that can also be let as an additional income.

This property is adjacent to a busy filling station that is currently on the market as well. Owning both of these properties would be the opportunity of a lifetime.

Currently zoned as Agriculture, but could be rezoned.

MAIN FEATURES:

• Can immediately generate rental income
• 6.6 Hectares for further development
• Ideally placed for tenants for easy transport


IN CLOSE PROXIMITY TO:

• Main arterial routes and the N1 North Highway – 1 km
• Directly next to the Old Warmbaths Road
• Shopping centres and all amenities
• Hammanskraal colleges and schools
• Short drive to outskirts of Pretoria

Kindly contact agent for an appointment

Property Reference #: 5466549

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

Id Subtitle 1192146656
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Estimated monthly repaymentR 31,428
Total property loan amountR 2,900,000
Total interestR 4,642,602
Total repaymentR 7,542,602
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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CLE Properties
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