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Potential High Density Residential property
R 15,000,000
Can I afford this?16 Photo(s)
5 months ago63 views
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General Details
Location:
For Sale By:Agency
Description
Property Address:
Lanseria, Randburg
Overlooking the rapidly expanding Lanseria International airport this 25 hectare site is ideally suited for high density residential housing development !
Old farmhouse with short term tenants
Outbuildings...workers quarters
Strong borehole
Holding company available for purchase if required
At a density of 100 units per hectare on a usable area of 20 ha over 2000 units could be built
Property falls within development node for Lanseria
Bulk services available
Access to river at foot of property
Access off tarred Ashenti rd on road to Monaghan Farm
Property Reference #: 255
Agent Details:
Nigel Williamson
SA Land
92 Indaba Lane,Rietfontein,Muldersdrift,1747
Roodepoort
Lanseria, Randburg
Overlooking the rapidly expanding Lanseria International airport this 25 hectare site is ideally suited for high density residential housing development !
Old farmhouse with short term tenants
Outbuildings...workers quarters
Strong borehole
Holding company available for purchase if required
At a density of 100 units per hectare on a usable area of 20 ha over 2000 units could be built
Property falls within development node for Lanseria
Bulk services available
Access to river at foot of property
Access off tarred Ashenti rd on road to Monaghan Farm
Property Reference #: 255
Agent Details:
Nigel Williamson
SA Land
92 Indaba Lane,Rietfontein,Muldersdrift,1747
Roodepoort
Id Subtitle 1251375858
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Estimated monthly repaymentR 162,557
Total property loan amountR 15,000,000
Total interestR 24,013,455
Total repaymentR 39,013,455
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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SA Land
Selling for 7+ years
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