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VACANT LAND WITH STUNNING VIEWS
R 250,000
Can I afford this?
9 Photo(s)
11 months ago199 views
General Details
Location:
For Sale By:Agency
Description
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Purchase price
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No. of years
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Estimated monthly repaymentR 2,710
Total property loan amountR 250,000
Total interestR 400,225
Total repaymentR 650,225
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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Presenting the perfect investment oppurtunity. This stand boasts 7500 square meters of pure potential. The expansive property offers two exsiting buildings, which allows for you to generate an immediate rental income. The land is ideally located near the Swaziland border, which accomadates a large number of tourists daily, creating a competitive advantage for your development as you are able to maximise your exposure. There are plans set in place for a truckstop to open on neighbouring land, which would be advantageous as it would create increased clintele. This land is sold with plans for the development of a shopping center. With 250 residential buildings on the eastern neighbouring property, a shopping center development would be ideal, as there will be guarenteed attarction to the center due to the fact that you are accomadating for those residents. The selling price excludes vatDont miss out on this excellent development opportunity, give me a call nowProperty Reference #: CL9190Agent Details:Annette ElsJust Property2 Cod Cove MeerenseeRichards Bay3900
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