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38000Sqm Of Residential Land
R 895,000
Can I afford this?
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4 months ago89 views
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General Details
Location:
For Sale By:Agency
Description
Situated in the interior of Umkomaas, is where you will find this 38000sqm stand. Zoned residential with commercial usage.
Once upon a time, this land boasted a beautiful home and a commercial factory, but with time the buildings were left vacant and became dilapidated. We are now selling the property as vacant land. The structure on the land becomes a bonus. One could either demolish or reconstruct the structure. This property has great potential. Also ideal for a low cost housing development. So developers and investors this is your opportunity. So call in today, to arrange a viewing!
Umkomaas is well known for its Aliwal Shoal and diving charters. Come and enjoy the treasures of the UNDER WORLD! Lots to do in this area eg. golfing, tennis, fishing, bowling, river rafting or just leisure at the beach!! Umkomaas being a famous holiday destination, has all the needs to satisfy its tourist i.e. restaurants, local stores and holiday accommodation, banks etc.
Umkomaas is approximately 35 minutes away from Durban and approximately 55 minutes away from Port Shepstone... Best of both worlds!! Its neighbouring towns are Scottburgh and Amanzimtoti, which as well, are fully fledged towns for your convenience. Investing in these areas is well worth it!!
Kindly take note that the information available on this advert has been gathered from different sources. Please also note omissions and errors excepted.
Rates And Taxes: 208
Property Reference #: 11780
Agent Details:
Sharitha Rajcoomar
PROprop
Dura Office Park, Unit 1, 90 Escom Road, New Germany, Durban
Once upon a time, this land boasted a beautiful home and a commercial factory, but with time the buildings were left vacant and became dilapidated. We are now selling the property as vacant land. The structure on the land becomes a bonus. One could either demolish or reconstruct the structure. This property has great potential. Also ideal for a low cost housing development. So developers and investors this is your opportunity. So call in today, to arrange a viewing!
Umkomaas is well known for its Aliwal Shoal and diving charters. Come and enjoy the treasures of the UNDER WORLD! Lots to do in this area eg. golfing, tennis, fishing, bowling, river rafting or just leisure at the beach!! Umkomaas being a famous holiday destination, has all the needs to satisfy its tourist i.e. restaurants, local stores and holiday accommodation, banks etc.
Umkomaas is approximately 35 minutes away from Durban and approximately 55 minutes away from Port Shepstone... Best of both worlds!! Its neighbouring towns are Scottburgh and Amanzimtoti, which as well, are fully fledged towns for your convenience. Investing in these areas is well worth it!!
Kindly take note that the information available on this advert has been gathered from different sources. Please also note omissions and errors excepted.
Rates And Taxes: 208
Property Reference #: 11780
Agent Details:
Sharitha Rajcoomar
PROprop
Dura Office Park, Unit 1, 90 Escom Road, New Germany, Durban
Id Subtitle 1307718649
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Estimated monthly repaymentR 9,700
Total property loan amountR 895,000
Total interestR 1,432,803
Total repaymentR 2,327,803
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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Selling for 1 year
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27 Moodie St, Umkomaas.
This parcel of land features Seaview’s and golf course views
and is within walking distance to beach, diving facilities, and a golf club.
Additionally, schools and amenities are conveniently close by.
The corner property allows for two entrances. We have
removed all old buildings and foundations, cleared rubble from the site,
conducted a survey, cut and removed trees, leveled the land, and repaired the
wall.
The asking price is R550,000.
For inquiries or to arrange a site visit, please contact owner
Sandy via Call/WhatsApp at 072 413 7153.
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sandman
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