VACANT LAND ZONED FOR BUSINESS 3 USE

R 4,887,000

Can I afford this?
2 years ago103 views
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General Details
For Sale By:Agency
Description
This advertisement is for a portion of land that was zoned for Business 3 use. It is next to the R101, close to Makro and the technical high school.

This zoning allows for shops, service industry, confectionary, banks building societies, medical suites and restaurants. With special consent from the municipality, it further allows for offices, gymnasium, place of amusement, , place of instruction, institution, place of public worship, community hall, sport and recreation clubs, parking area, parking garage.

The Seller is VAT registered and VAT is excluded from the advertised price.

The land is still on leasehold, but is in the process of being changed to freehold, meaning that registration and transfer cannot take place yet.
Secure this portion of land by signing an OTP and paying a deposit of at least R1 221 750.00

This new development will be known as Polokwane Ext 136

Property Reference #: CL278

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

Id Subtitle 1086681168
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Estimated monthly repaymentR 52,961
Total property loan amountR 4,887,000
Total interestR 7,823,584
Total repaymentR 12,710,584
Interest rate at 11.75% for 20 years *
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Property Connect Hoofkantoor
Selling for 2+ years
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