A DEVELOPMENT OPPORTUNITY WITH APPROVED PLANS

R 4,500,000

Can I afford this?
1 month ago47 views
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General Details
For Sale By:Agency
Description
Situated on 18 052 sqm of prime property, with sea views in a quiet area of Saiccor Village, with a great communal feel, this piece of land is near Umkomaas which offers, shops, a variety of restaurants, diving, fishing, and a great golf course. Scottburgh is an estimated 10-minute drive, to local schools, hospitals, and the mall.

This property is surrounded by development, so make an offer today and begin a project..
This currently vacant stand on offer comes with approved plans for the first 46 units.

The complex comes complete with plans for a fully fenced, security gated complex.

TYPE A: BLOCK 1, 2 AND 3

6 @ Ground Floor Units consisting of 2 bedrooms, 1 bathroom, kitchen, open plan lounge/dining room, patio and garage.

6 @ First Floor Units consisting of 2 bedrooms, 1 bathroom, kitchen, open plan lounge/dining room, balcony and garage.

6 @ Second Floor Units consisting of 2 bedrooms, 1 bathroom, kitchen, open plan / dining room, balcony and garage.

TYPE A: BLOCK 4 AND 5

4 @ Ground Floor Units consisting of 2 bedrooms, 1 bathroom, kitchen, open plan lounge/dining room, and patio. 80 SQM

4 @ First Floor Units consisting of 2 bedrooms, 1 bathroom, kitchen, open plan lounge/dining room and balcony. 80 SQM

4 @ Second Floor Units consisting of 2 bedrooms, 1 bathroom, kitchen, open plan / dining room and balcony. 80 SQM

TYPE B: BLOCK 6 AND 7

4 @ Ground Floor Units consisting of 2 bedrooms, 2 bathrooms, kitchen, open plan lounge / dining room and patio. 97 SQM

4 @ First Floor Units consisting of 2 bedrooms, 2 bathroom, kitchen, open plan lounge / dining room and balcony. 97 SQM

TYPE C: BLOCK 8 AND 9

4 @ Ground Floor Units consist of 2 bedrooms, 2 bathroom, kitchen, open plan kitchen / dining room, store room, patio and garage. 125 SQM

4 @ First Floor Units consisting of 2 bedrooms, 2 bathrooms, kitchen, open plan lounge / dining room, balcony. 110 sqm


Approval is for 1 year.You may commence with the foundations and inform the Building inspector to conduct the first inspection. The foundations could be either for the boundary walls, the Guard House or any of the buildings.
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Property Reference #: DPG2761292

Agent Details:
Tussie Walker
Dormehl Phalane Property Group
41 Beach Road
Amanzimtoti
4126

Id Subtitle 1268342730
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Estimated monthly repaymentR 48,767
Total property loan amountR 4,500,000
Total interestR 7,204,037
Total repaymentR 11,704,037
Interest rate at 11.75% for 20 years *
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Dormehl Phalane Property Group
Selling for 3+ years
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