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BUFFALO CITY VACANT DEVELOPMENT LAND FOR SALE – EAST LONDON - SOUTH-AFRICA
R 80,000,000
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General Details
Location:
For Sale By:Agency
Description
BUFFALO CITY VACANT DEVELOPMENT LAND FOR SALE – EAST LONDON - SOUTH-AFRICA
PRICE: R80,000,000.00 (Eighty Million Rand). Full Buy out
Project Description: New Prestige Residential Development
▪ Situated in East London, Eastern Cape next to the R72 (Proposed N2)
▪ Mix use Commercial and Residential.
▪ 400 Single residential plots
▪ Opportunity to Develop Shopping Centre
Lifestyle: Greenfields Planning Approach
Distances:
▪ Quick access to City Business
▪ Close to East London Industrial Development Zone.
▪ Less than 10 mins drive to Airport
▪ Larger Shopping Centres less 30 mins than away.
NOTES:
The plot and plan construction cost for 120m² house can be calculated at R10 000.00 per sqm. The selling price for the houses can be sold for R18 000. 00 per m².
All Subdivision and Environmental impact Study approved and the internal
and roads services must still be completed
Contact: Louis (Office) 021 531 5000, (Mobile) 082 228 4445 or Email: info@aaronproperties.co.za
Id Subtitle 1317035628
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Estimated monthly repaymentR 866,966
Total property loan amountR 80,000,000
Total interestR 128,071,757
Total repaymentR 208,071,757
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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Aaron Properties
Selling for 8+ years
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