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Piece of vacant Land Land in uMkomaas with an Approved Plans for Flats

R 2,600,000

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General Details
For Sale By:Agency
Description
### Prime Investment Opportunity in uMkomaas: Vacant Land with Approved Plans for Flats


#### Property Overview:
- **Location:** uMkomaas
- **Type:** Vacant Land
- **Status:** Approved Plans for Flats from Municipality


#### Key Features:
- **Prime Location:** Just a short distance from the beautiful uMkomaas Beach, offering potential residents easy access to the stunning coastline and all its recreational activities.
- **Educational Facilities:** Proximity to reputable schools ensures a family-friendly environment, making it an attractive option for families.
- **Shopping Convenience:** Nearby shopping centers cater to all your retail needs, providing convenience for daily errands and leisure shopping.
- **Transportation:** Well-connected with readily available taxis, ensuring hassle-free commuting.
- **Security:** A safe and secure neighborhood with local security services to ensure peace of mind for residents.
- **Municipal and Private Offices:** Close to municipal offices and various private companies, making it convenient for business professionals.
- **Industrial Proximity:** Nearby factories offer potential employment opportunities for residents.
- **Fuel Stations:** Several petrol stations in the vicinity ensure you are never far from fuel services.
- **Places of Worship:** Numerous churches in the area cater to diverse religious needs.
- **Recreational Areas:** Beautiful parks and a serene environment provide a perfect setting for relaxation and outdoor activities.
- **Community and Neighborhood:** A vibrant and welcoming community that makes uMkomaas a desirable place to live.


#### Investment Potential:
- **High Rental Demand:** With approved plans for flats, this land presents a lucrative opportunity to develop residential units that can generate substantial rental income.
- **Growth Area:** uMkomaas is a rapidly developing area with increasing demand for residential properties, making it a wise investment choice.
- **Affordable Luxury:** The combination of a prime location, modern amenities, and potential for high returns makes this land an affordable yet luxurious investment.


#### Call for Investors:
We are seeking discerning investors who recognize the tremendous potential of this prime piece of land. With approved plans and an unbeatable location, this is a rare opportunity to develop a high-income generating property in a thriving community.


#### Contact Information:
For more details and to arrange a viewing, please contact us at [Your Contact Information]. Donâ??t miss out on this exceptional investment opportunity in the heart of uMkomaas!


Invest in your future with this unparalleled property offering endless possibilities.

Property Reference #: 7002001-62062

Agent Details:
Mdu Hlongwane
eXp South Africa
South Africa

Id Subtitle 1288026032
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Estimated monthly repaymentR 28,177
Total property loan amountR 2,600,000
Total interestR 4,162,333
Total repaymentR 6,762,333
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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eXp South Africa
Selling for 4+ months
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