Springs Development Land For Sale

R 74,000,000

Can I afford this?
2 years ago355 views
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General Details
Location:
For Sale By:Agency
Description
Development Land for sale in Springs. Earmarked for high density and low cost housing.

The top blue phase 1 - Gated Community, 123 Res 1 stands of 575sqm and the land size for this phase is 11.27 hectares.

The yellow phase 2 - Gated Community, 71 Res 1 stands of 526sqm and the land size for this phase is 5.19 hectares.

The pink phase 3A - 3 x Res 3 erven designed for 85 units per hectare for apartments and the land size for this phase is 3.1 hectares.

The pink phase 3B - Zoned Bus 2 for a shopping centre and the Land size is 1.09 hectares.

The blue bottom left phase 4 - Gated Community, 142 stands of 444sqm and the size for this phase is 12.78 hectares.

The red bottom right Residential 3 - 10 x Res 3 erven, ideal for Social Housing, designed for 85 units per hectare for apartments and the land size for this phase is 11.438 hectares.

Property Reference #: CL1564

Agent Details:
Johann Lemmer
Factory Space
GK12-Waterblom Extention Road
Portion 51 of the Farm Groote Fontein
Still Bay West
Still Bay
6

Id Subtitle 939992105
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Estimated monthly repaymentR 801,944
Total property loan amountR 74,000,000
Total interestR 118,466,375
Total repaymentR 192,466,375
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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Factory Space
Selling for 7+ years
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