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NEW DEVELOPMENT LAND FOR SALE
R 23,500,000
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1 year ago61 views
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General Details
Location:
Description
This Midrand development is situated on Garden Road in the now sort after
area of Blue Hills, Midrand. The proximity of the project to the freeways and
roads leading north, south, east and west is ideal. The new Blue Hills lifestyle
shopping centre is less than one kilometre away with other numerous lifestyle
shopping centres (including the new Mall of Africa, the Waterfalls shopping
centre and the new Kyalami Corner Mall on the R55) in Midrand and with
excellent schools (completed and soon to be built) all within close proximity.
Garden Road has recently been upgraded and street lights installed. The R55 is
still scheduled to be upgraded to double lanes and completion date has been set
for the end of 2020. Summit road will be part of the Gautrain bus route to the
Midrand station.
Blue Hills View is a sectional title development on 2,6 hectares with 208
apartments that have been architecturally created to give an "upmarket"
perception, with generously sized balconies. The apartment mix consists of 52,
3 bedroom units, 104, 2 bedroom units and 52, 1 bedroom penthouse units (or
alternately with a second loft bedroom). The four storey structures have been
specifically designed to keep the cost of building down to a minimum, with the
penthouse units being extremely cost effective and the penthouse effect on the
fourth floor, creating an aura of exclusivity.
The practical floor layout is very functional using every inch for living space
and creating the right balance between kitchen sizes, comfortable
bedrooms with adequate cupboard space, useable bathrooms and a great lounge
and a huge patio.
Enclosed patios allow private outside living space in the apartment context that
are very cheap to build but add huge value as all covered floor space is sold at
one price.
The units, ranging from 73,7sqm to 86,7sqm
Property Reference #: CL8
Agent Details:
Bongani Mhlongo
Abakhi Properties
201A Monument RdGlen MaraisKempton Park1619
area of Blue Hills, Midrand. The proximity of the project to the freeways and
roads leading north, south, east and west is ideal. The new Blue Hills lifestyle
shopping centre is less than one kilometre away with other numerous lifestyle
shopping centres (including the new Mall of Africa, the Waterfalls shopping
centre and the new Kyalami Corner Mall on the R55) in Midrand and with
excellent schools (completed and soon to be built) all within close proximity.
Garden Road has recently been upgraded and street lights installed. The R55 is
still scheduled to be upgraded to double lanes and completion date has been set
for the end of 2020. Summit road will be part of the Gautrain bus route to the
Midrand station.
Blue Hills View is a sectional title development on 2,6 hectares with 208
apartments that have been architecturally created to give an "upmarket"
perception, with generously sized balconies. The apartment mix consists of 52,
3 bedroom units, 104, 2 bedroom units and 52, 1 bedroom penthouse units (or
alternately with a second loft bedroom). The four storey structures have been
specifically designed to keep the cost of building down to a minimum, with the
penthouse units being extremely cost effective and the penthouse effect on the
fourth floor, creating an aura of exclusivity.
The practical floor layout is very functional using every inch for living space
and creating the right balance between kitchen sizes, comfortable
bedrooms with adequate cupboard space, useable bathrooms and a great lounge
and a huge patio.
Enclosed patios allow private outside living space in the apartment context that
are very cheap to build but add huge value as all covered floor space is sold at
one price.
The units, ranging from 73,7sqm to 86,7sqm
Property Reference #: CL8
Agent Details:
Bongani Mhlongo
Abakhi Properties
201A Monument RdGlen MaraisKempton Park1619
Id Subtitle 1195437919
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Estimated monthly repaymentR 254,672
Total property loan amountR 23,500,000
Total interestR 37,621,079
Total repaymentR 61,121,079
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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Abakhi Properties
Selling for 1 year
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