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Smallholding For Sale
R 1,600,000
Can I afford this?
4 Photo(s)
1 year ago115 views
General Details
Location:
For Sale By:Agency
Description
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Estimated monthly repaymentR 17,340
Total property loan amountR 1,600,000
Total interestR 2,561,436
Total repaymentR 4,161,436
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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**Prime Residential Development Opportunity - 138 Units in Akasia**Discover a remarkable opportunity for residential development on this vacant land located in the thriving suburb of Orchards, Akasia. Just minutes away from the vibrant Wonder Park Shopping Centre, this parcel is perfectly positioned for developers looking to create a modern community in the northern region of Pretoria, Gauteng.Akasia, a unique conglomerate of suburbs, has evolved from its agricultural roots into a dynamic area with both urban and semi-rural landscapes. The Orchards, the first suburb established in Akasia in 1904, has a rich history, originally centered around the Dutch Reformed Church. As Pretoria experienced industrial expansion in the 1960s, Akasia developed in tandem, becoming an essential residential area for workers associated with the Roslyn Industrial Complex in the following decade.Today, Akasia is a bustling region, with lush green areas and tree-lined streets that have replaced former agricultural holdings. Newer neighborhoods such as Amandasig, Chantelle, Flourana, and Theresapark have flourished, accommodating a growing population and offering a wide range of facilities and amenities. This transformation from a quiet industrial town to a lively city hub makes Akasia an attractive location for new residential projects.Residents and visitors alike enjoy the convenience and excitement of the Wonder Park Shopping Centre, a central hub for shopping and leisure. For outdoor enthusiasts, Akasia boasts two premier golf courses: Hillside Golf Course in Nina Park and Thonbrook Golf Estate in Theresapark. Nightlife options abound with venues like News Café in Karen Park and Gaabo Motho Party Lodge in Amandasig providing entertainment and social opportunities.All necessary documentation is readily available to facilitate this development, including zoning certificates, master development plans, building plans, and payments for bulk services. Benita Vermeulen from Fio Real Estate is eager to connect with the right developer to explore this exceptional opportunity and discuss strategies for marketing the development.For more information or to arrange a viewing, please contact Benita Vermeulen at Fio Real Estate. Don’t miss out on the chance to be part of Akasia’s continued growth and transformation.Property Reference #: 2381309Agent Details:Benita VermeulenFIO Real EstatePark Lane West Building, 6th floor, 194 Bancor Avenue, Menlyn Maine Pretoria, Gauteng, South Afri
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