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Land in Ferndale Randburg
R 8,398,999
Can I afford this?
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14 days ago36 views
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General Details
Location:
For Sale By:Agency
Description
This property is well situated in West Ave Ferndale, very close to the main road of Malibongwe. It’s also 100m from a proposed new shopping Centre. One stand, measuring 2006ms2 and offers an investor or developer an opportunity to erect a smaller budget development. On a larger scale, this property is adjacent to two other stands, measuring 2009m2 and 4000m2, (total of 8000m2 by same owner) making it feasible for a developer or investor seeking a much larger return. Indications from a town planner would suggest up to 40 units could be built on the consolidation of the 3 stands. Options abound. There is an existing house on this property to generate income while zoning awaited. An awesome opportunity awaits you. Don’t hesitate to call us.
Property Reference #: 7002001-34175
Agent Details:
Terri Lane
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Property Reference #: 7002001-34175
Agent Details:
Terri Lane
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274215483
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Estimated monthly repaymentR 91,021
Total property loan amountR 8,398,999
Total interestR 13,445,932
Total repaymentR 21,844,931
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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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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