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Broadacres - Res 3 zoned for 60 double storey units.
R 14,000,000
Can I afford this?
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5 months ago86 views
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General Details
Location:
For Sale By:Agency
Description
Discover a golden opportunity with this 2-hectare corner stand, perfectly zoned for the construction of 60 double-storey units under the coveted Res 3 classification.
Ideally located within a short walk to the prestigious Broadacres Academy pre-& primary school. This property promises to be the cornerstone of a lucrative residential project.
Surrounded by neighbouring estates where properties command prices ranging from R2.8 million to R5.4 million, this land parcel offers the potential for remarkable returns on investment.
Priced at R16,000,000, this is your chance to transform this corner stand into a flourishing residential community. Don't let this exceptional prospect pass you by. Act now and reap the rewards of visionary development!
Property Reference #: 2197846
Agent Details:
Gail Morgan-Smith
The Property MatchMaker
1139 Elsie Road
Radiokop
Roodepoort
Ideally located within a short walk to the prestigious Broadacres Academy pre-& primary school. This property promises to be the cornerstone of a lucrative residential project.
Surrounded by neighbouring estates where properties command prices ranging from R2.8 million to R5.4 million, this land parcel offers the potential for remarkable returns on investment.
Priced at R16,000,000, this is your chance to transform this corner stand into a flourishing residential community. Don't let this exceptional prospect pass you by. Act now and reap the rewards of visionary development!
Property Reference #: 2197846
Agent Details:
Gail Morgan-Smith
The Property MatchMaker
1139 Elsie Road
Radiokop
Roodepoort
Id Subtitle 1245036972
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Estimated monthly repaymentR 151,719
Total property loan amountR 14,000,000
Total interestR 22,412,558
Total repaymentR 36,412,558
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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The Property MatchMaker
Selling for 1 year
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