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Prime Development Opportunity in Riverside Estate Tzaneen.

R 6,910,000

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2 months ago74 views
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General Details
Location:
For Sale By:Agency
Description
Calling all savvy investors!

A great chance to acquire a remarkable 6393 square meters vacant plot in Riverside Estate, Tzaneen, offering immense potential for a lucrative real estate venture.

This stand permits the construction of up to 13 units, offering an incredible income-generating opportunity.

Riverside Estate is renowned for its prime location, providing a desirable address for renters. Tenants will relish the tranquility of suburban living while enjoying easy access to nearby schools, shopping, and recreational amenities.

Tzaneen also boasts a robust rental market, and this investment is poised to capitalize on the high demand for quality rental properties in the area.

This vacant stand is prepped and ready for your development plans. Contact us today to explore this vacant plot's full potential.

Property Reference #: DPR6153

Agent Details:
Denga Mukwevho
Dormehl Phalane Property Group
20 Hill Street
Laddana
Polokwane

Id Subtitle 1288024933
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Estimated monthly repaymentR 74,885
Total property loan amountR 6,910,000
Total interestR 11,062,198
Total repaymentR 17,972,198
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+ months
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