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11Ha Vacant Land For Sale in Paarl East
R 9,500,000
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General Details
Location:
For Sale By:Agency
Description
One of the last Development Opportunities inside the Urban Edge of the Drakenstein Municipality
EXCLUSIVE SOLE MANDATE
Calling on developers to develop this opportunity located in the beautiful Paarl area.
This piece of development land is centrally located on a corner where two main roads meet, creating the opportunity for medium affordable housing or mixed-use development with a commercial component and single residential and/or apartment buildings.
At R850 000 per ha, this 11ha vacant land is well priced for the size and type of development it can be utilized for.
The right developer, who can show a good track record, will be considered to buy this great development opportunity.
Please contact me to book a tour of this property.
Property Reference #: CCH587
Agent Details:
George Prinsloo
Cape Coastal Homes
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
EXCLUSIVE SOLE MANDATE
Calling on developers to develop this opportunity located in the beautiful Paarl area.
This piece of development land is centrally located on a corner where two main roads meet, creating the opportunity for medium affordable housing or mixed-use development with a commercial component and single residential and/or apartment buildings.
At R850 000 per ha, this 11ha vacant land is well priced for the size and type of development it can be utilized for.
The right developer, who can show a good track record, will be considered to buy this great development opportunity.
Please contact me to book a tour of this property.
Property Reference #: CCH587
Agent Details:
George Prinsloo
Cape Coastal Homes
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
Id Subtitle 1269329809
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Estimated monthly repaymentR 102,953
Total property loan amountR 9,500,000
Total interestR 15,208,522
Total repaymentR 24,708,522
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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Cape Coastal Homes
Selling for 1 month
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