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Redevelopment Opportunity || 1.1ha || Newtown Wellington
R 1,500,000
Can I afford this?
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7 months ago149 views
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General Details
Location:
For Sale By:Agency
Description
Discover an exceptional 1.1-hectare redevelopment opportunity in Newtown Wellington, perfectly poised for cluster homes or sectionalized freeholds.
Situated amidst a rapidly growing neighborhood with an adjacent development project, this land offers unlimited potential.
Notably, the local municipality's interest in developing a road through the property opens the door to potential road paving negotiations, enhancing the investment allure. Don't miss this chance to shape the future of Newtown. Inquire today and explore the boundless possibilities of this prime parcel.
Current zoning: SR1
Property Reference #: RL2270
Agent Details:
Daniel Paulse
Lionlead Real Estate
111 Waterkant Street
De Waterkant
Cape Town
8001
Situated amidst a rapidly growing neighborhood with an adjacent development project, this land offers unlimited potential.
Notably, the local municipality's interest in developing a road through the property opens the door to potential road paving negotiations, enhancing the investment allure. Don't miss this chance to shape the future of Newtown. Inquire today and explore the boundless possibilities of this prime parcel.
Current zoning: SR1
Property Reference #: RL2270
Agent Details:
Daniel Paulse
Lionlead Real Estate
111 Waterkant Street
De Waterkant
Cape Town
8001
Id Subtitle 1234849198
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Estimated monthly repaymentR 16,256
Total property loan amountR 1,500,000
Total interestR 2,401,346
Total repaymentR 3,901,346
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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Lionlead Real Estate
Selling for 3+ years
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