Prime Location - Mixed Use Business Opportunity

R 14,995,000

Can I afford this?
7 months ago88 views
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General Details
For Sale By:Agency
Description
Prime Location in Dunkeld West - BUSINESS 1 zoning, ideal for mixed-use!

Serious seller, negotiating all written offers from R11 000 000 and more - asking price R15 000 000

CALL NOW FOR A VIEWING!

- Zoning: BUSINESS 1 (Use Zone 6)
- FAR: 2.0
- Height: 5 Storeys (an additional store may be permitted)
- Density: 400 dwellings per hectare (max 107 units on this site)
- Coverage: 100 percent parking / 50 percent other structures

Mixed-use Primary Rights include:

- Business purposes
- Shops
- Residential buildings
- Place of instruction
- Hotel
- Social halls
- Restaurants
- Car sales lot/motor showrooms
- Showrooms
- Offices
- Public or private parking area
- Institutions
- Religious purposes,
- Dwelling units
- Sport and recreation clubs,
- Warehouse
- Banks/building societies
- Medical suites

There are currently a couple of small structures on the property that function as showrooms.

Property Reference #: CL1284

Agent Details:
Ziel Bergh
Firzt Realty (Pty) Ltd
44 Glenhove Road
Melrose Estate
Johannesburg

Id Subtitle 1236630588
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Estimated monthly repaymentR 162,502
Total property loan amountR 14,995,000
Total interestR 24,005,450
Total repaymentR 39,000,450
Interest rate at 11.75% for 20 years *
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Firzt Realty (Pty) Ltd
Selling for 2+ years
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