Calling All Investors 5000 sqm Waiting for You

R 6,700,000

Can I afford this?
1 year ago193 views
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General Details
For Sale By:Agency
Description
This beautiful, vacant plot of land is just waiting for your magic to transform it.

With over 5000 square meters available to you, this property has 3000 square meters that is zoned GR2 with 6 storey flat rights which can allow for Multi-Unit Developments, Hotel, Chalet , Boarding House, Flats or a Retirement Village. 2300 square meters are zoned SR 650 with special consent applications and can be rezoned.

Within walking distance to the local clinic, hospital and school, this space is also nearby the local highway and King Shaka International Airport.

To view or for more information, phone Pam today.

Property Reference #: RL151

Agent Details:
Simphiwe Mhlongo
Simpre Properties
Unit 134 Oxford Village
9 Old Main Road
Hillcrest
3610

Id Subtitle 1177451631
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Estimated monthly repaymentR 72,609
Total property loan amountR 6,700,000
Total interestR 10,726,010
Total repaymentR 17,426,010
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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