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Land in Westcliff For Sale
R 6,400,000
Can I afford this?
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1 year ago232 views
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Description
| R 6,400,000 |
Property Details
- Security Features: Fence
Prime development land in central Hermanus. Walking distance from the CBD and all amenities. Ideal for Medical suites because it is within walking distance from the Medi-clinic and the Hermanus Hospital. Another option is a small apartment development with 7 apartments or perhaps 4 townhouses. Endless opportunities. The current owner has drawn up plans for the apartment development.
Demolition has been done and re-zoning applications are in progress.
There are entrances from the 3 surrounding streets which will make access very simple.
Do not hesitate to call for a viewing.
Property Reference #: 3943020
Agent details
Chari Liebenberg
Western Cape and South Africa
CCH Properties
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
Cnr of De Beers & Reese Avenue
Somerset Mall, Somerset West
7130
Western Cape and South Africa
CCH Properties
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
Cnr of De Beers & Reese Avenue
Somerset Mall, Somerset West
7130
Id Subtitle 1199518310
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Estimated monthly repaymentR 69,358
Total property loan amountR 6,400,000
Total interestR 10,245,741
Total repaymentR 16,645,741
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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CCH Properties
Selling for 5+ years
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