Vacant Land / Plot for Sale in North Riding AH – R 13,000,000 negotiable

R 13,000,000

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For Sale By:Agency
Description
Vacant Land / Plot for Sale in North Riding AH – R 13,000,000 Negotiable
Land size: 8.443 ha–Greenbelt – beautiful surrounding fauna and flora
Beautifully situated vacant land in a prime location in North Riding on Olivievenhout Avenue. Choose to live the country life style with the benefit of convenience in close proximity, offering exceptional value at a competitive price.
Business opportunity- Ideal for a Solar Farm - Town Planning - Formal consent use required - Re-zoning required.
The following specific non-residential land usesmay be permitted by way of a formal consent use application to the town planning department:Guest house / Bed & breakfast for 15 rooms / suites,Place of instruction for maximum 100 learners,Tea Garden & restaurant with seating for 80 patrons,Conference facility for a maximum of 80 delegates,Day Spa limited to 250 m2Veterinary practitioners not more than 2 and limited to 250 m2Self-storage limited to 1000 m2 or 20%, whichever is the lesser.Religious purposes for 100 worshippers.Green Energy installations for renewable energy provisionShow Jumping and Riding events related to horse stables and riding schoolsSporting and recreation facilities such as but not limited to golf courses, paintball, go-cart racing and zip liningSports grounds for existing adjacent or nearby places of instruction


Close to Eagle Canyon Golf Estate, Jackal Creek Golf Estate, Honeydew Police Station, Northgate Mall, the Dome are all nearby as well as in close proximity to major routes, The N1 highway is easily accessible via Beyers Naude Drive, Northumberland Ave (which links to Witkoppen Rd), and Christiaan de Wet.

Property Reference #: 7002001-2338

Agent Details:
Zain Jenkins
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274221260
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Estimated monthly repaymentR 140,882
Total property loan amountR 13,000,000
Total interestR 20,811,661
Total repaymentR 33,811,661
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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