New Development opportunity with all the approvals

R 37,000,000

Can I afford this?
8 months ago155 views
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General Details
For Sale By:Agency
Description
An opportunity exists to purchase an approved development located in Wellington which consist of the following.
• Three story complex of assist living of 100 flats
• Three story frail care center with 72 beds and clinic facility
• Eighty nine houses/plots
• Future sports area/ open spaces
• Private gardens
• Plots size +- 7,5 hectars
• Price is R 37 000 000 plus vat.


The land is situated in the very popular area in Berg en Dal in Wellington.

Please contact me should you require any additional information

Property Reference #: CL4548

Agent Details:
Kobus Van Der Vyver
NG Property Brokers (PTY) Ltd
8 Somerset Crescent
Durbanville
7550

Id Subtitle 1229831800
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No. of years
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Estimated monthly repaymentR 400,972
Total property loan amountR 37,000,000
Total interestR 59,233,188
Total repaymentR 96,233,188
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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NG Property Brokers (PTY) Ltd
Selling for 3+ years
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