POTENTIAL FOR FILLING STATION ON N1 NORTH

R 11,985,000

Can I afford this?
1 year ago333 views
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General Details
For Sale By:Agency
Description
VAT IS EXCLUDED FROM THE PRICE, IF APPLICABLE.
A beautifully developed 21.41 hectare property, next to the N1 North and close to Polokwane, just became available!
The improvements include a spacious five bedroom house, a two bedroom thatched house, a garden flat let, 6 en-suite guest rooms, an office building and outbuildings such as a laundromat, store rooms, staff rooms and workshops.
The lush garden with its tall trees and sparkling pool adds to the tranquility of this small farm.
But...tranquility is not all this perfectly located property offers.
3 Hectares of the land was sub-divided and the process to get approval for developing of a filling station, is in progress. This was approved before, but unfortunately the previous application expired. What an enormous income potential!
The land is zoned for agriculture. Eskom supplies the electricity and water comes from a borehole.
This property further offers easy access to Polokwane CBD and all main routes, a cement reservoir, 2 water tanks, many carports, a boma and neat fencing.

Has Pool
Property Reference #: RL3209

Agent Details:
Mariaan Botes
Property Connect Hoofkantoor
Office 4, Sayer Square
cnr Mitchell and Cathedral Street
George
6530

Id Subtitle 1102675179
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Estimated monthly repaymentR 129,883
Total property loan amountR 11,985,000
Total interestR 19,186,750
Total repaymentR 31,171,750
Interest rate at 11.75% for 20 years *
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Property Connect Hoofkantoor
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