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R22,750,000 | Apartment Block For Sale in Protea Heights

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R22,750,000

Monthly Bond Repayment R242,612.74
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R14,000

Exclusive mandate! APPROVED Development land!

Opportunity knocks!

SDP and approvals are in place!

Amazing 8617m² land in a fast developing area!

Critical time-delays cut short - SDP in place for 78 Apartments.

Traffic, Storm water, Landscaping, 3 phase electricity supply

with supply unit, Engineer's reports, City Planner, Architect -

Fair amount spent for approvals - ready to be developed.

Provision for 124 parking bays.

Provision for 73 x 55m² two bedroom Apartments at a selling price

of ±R1 400 000 - R1 450 000++ per unit.

Provision for 5 x 100m² three bedroom Apartments at a selling price

of ±R2 000 000 - R2 100 000++ per unit.

Pursue the prior investigations for a borehole.

The land is in PERFECT position close to 5-star Hotel, Wine Farm,

Restaurant's, Venues and a Golf Course.

Other options to consider:

A school OR pre-school
Dementia Centre
Mall
Business Park
Spar OR Checkers
Daycare Centre
Health Spa
Wellness Centre/Gym
Medical Centre
Day Hospital
Retirement Village

If you are a serious Developer, don't let this prime land slip

through - Phone today for a viewing!

Features

-
-
Pets Allowed
No
Interior
Furnished
No
Exterior
Security
Yes
Parkings
124
Pool
No
Scenery/Views
Yes
Sizes
Floor Size
8,617m²
Land Size
8,617m²
Extras Complex; Garden; New Development; Perimeter Wall
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-33.8862837, 18.6977312
Barbara Strydom
Barbara Strydom
Non-Principal Property Practitioner Registered with PPRA
(FFC 0092671)
Show number View my listings WhatsApp
Willie Strydom
Willie Strydom
Non-Principal Property Practitioner Registered with PPRA
(FFC 1162666)
Show number View my listings WhatsApp
1
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