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Don’t Miss out on this Development Opportunity!!
R 12,120,000
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1 year ago234 views
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General Details
Location:
Description
Excellent Development Opportunity on Old Main Road, Hillcrest
Ideally located, Perfect level land of 4047 sqm.
This property currently has a Large 527sqm Home which was used as a care facility and 2 very neat Cottages, one being 184 sqm and the other 96 sqm that are currently rented out, bringing a Total of 807 sqm.
Space for 54 Parking bays
Being situated in an Institution Zone 2 area, it would be perfect for the following types of developments:
Office / Medical Development
Retirement Centre / Stepdown Facility
Creche / Educational Establishment
Health & Beauty Clinic
Please note viewings are by appointment only
New Sole Mandate
Property Reference #: DPC77
Agent Details:
Vanessa Coulson
Dormehl Phalane Property Group
8 Old Main Road
Gillitts
Ideally located, Perfect level land of 4047 sqm.
This property currently has a Large 527sqm Home which was used as a care facility and 2 very neat Cottages, one being 184 sqm and the other 96 sqm that are currently rented out, bringing a Total of 807 sqm.
Space for 54 Parking bays
Being situated in an Institution Zone 2 area, it would be perfect for the following types of developments:
Office / Medical Development
Retirement Centre / Stepdown Facility
Creche / Educational Establishment
Health & Beauty Clinic
Please note viewings are by appointment only
New Sole Mandate
Property Reference #: DPC77
Agent Details:
Vanessa Coulson
Dormehl Phalane Property Group
8 Old Main Road
Gillitts
Id Subtitle 1160285626
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Estimated monthly repaymentR 131,346
Total property loan amountR 12,120,000
Total interestR 19,402,872
Total repaymentR 31,522,872
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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Dormehl Phalane Property Group
Selling for 3+ years
Total Ads138
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