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AN EXCELLENT PROPERTY DEVELOPMENT OPPORTUNITY (VACANT LAND)

R 950,000

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General Details
For Sale By:Agency
Description
An excellent development opportunity for +\- 48 income generating rental units.

The stand currently has a tittle deed and a zoning certificate for development, it is close to a main road with a taxi and bus route, Schools, Park, Clinics and Malls.

Opportunity to build 48 units as per site development plan concept, Close to Moroka police station, Close to Moroka police station

Close to Jabulani Mall and Jabulani hospital

THE PROPERTY MAY BE USED COMMERCIALLY ALSO

PLEASE NOTE
Due to the high number of enquiries, it is advisable to contact an agent directly for more information

Property Reference #: 3555

Agent Details:
Ntate Tau
Amalga Real Estate
Kya Sands Estate,1 Main Road, Bloubosrand, Northriding, Randburg 2188

Id Subtitle 1299562336
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Estimated monthly repaymentR 10,296
Total property loan amountR 950,000
Total interestR 1,520,853
Total repaymentR 2,470,853
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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Amalga Real Estate
Selling for 1 month
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