A Fantastic opportunity awaits in Cliffdale

R 3,500,000

Can I afford this?
5 months ago117 views
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General Details
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For Sale By:Agency
Description
Fantastic Development/Investment Opportunity in Cliffdale – Bux Farm

4.4580ha of land with amazing views overlooking the valley.

This property is on inclined land with 4 platforms already cut by the owner.

One Level platform of +/- 12 000 sqm with a 600sqm concrete slab (Plans were approved to build a +/- 1000 sqm Double storey in 2011), 3 smaller platforms cut with storm water drainage to flow into the small dam on the property.

Perfectly situated close to Keystone Park in Hammersdale, this property offers potential to a variety of developments with special rezoning rights by the eThekwini Municipality.

Surrounded by beautifully kept Farmland in this peaceful area, this land is perfect for a high-density housing development or guest lodge only 5 min away from the N3.

Give Vanessa and Lisa a call to view this amazing opportunity.

Property Reference #: DPR6451

Agent Details:
Vanessa Coulson
Dormehl Phalane Property Group
8 Old Main Road
Gillitts

Id Subtitle 1246735273
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Estimated monthly repaymentR 37,930
Total property loan amountR 3,500,000
Total interestR 5,603,140
Total repaymentR 9,103,140
Interest rate at 11.75% for 20 years *
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Dormehl Phalane Property Group
Selling for 3+ years
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