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Investment Opportunity: Prime Vacant Land for Sale in Umhlanga Ridge.

R 33,000,000

Can I afford this?
5 months ago171 views
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General Details
Location:
Umhlanga, North Suburbs
For Sale By:Agency
Description
Prime Property presents a vacant land for sale in the prominent Umhlanga Ridge area.
Ideally located at the intersection of Park Way and Twilight Drive.
The land size is 4831 square meters with a bulk size of 8213 square meters.
This mixed-use parcel of vacant land for sale will be ideal for an apartment complex, commercial property with offices, a showroom or similar applications. The possibilities are endless for the discerning investor.

The Sales Price: R33 000 000.00 ex vat.
ERF: 2582.
Zoning: Mixed-use 1.

Centrally located. Easy access to the N2 and M4 freeway. Walking distance to Park Square and Gateway Theatre of Shopping and other amenities in the area.
There is limited vacant land/sites available in the Umhlanga Precinct for Sale.

Contact me today. This gem of a site won't be available for too long.

Property Reference #: CPP4289

Agent Details:
Verashka Maharaj
Prime Property
Shop 5
7 on Millennium Boulevard
Umhlanga Ridge
4321

Id Subtitle 1328173257
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Estimated monthly repaymentR 335,026
Total property loan amountR 33,000,000
Total interestR 47,406,134
Total repaymentR 80,406,134
Interest rate at 10.75% 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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Prime Property
Selling for 1 year
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