R9,000,000
R9,000,000
Monthly Bond Repayment R94,433.04
Calculated over 20 years at 11.25% with no deposit.
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LARGE LEVEL PLOT IN BREDELL DEVELOPMENT PATH
LARGE LEVEL PLOT IN BREDELL DEVELOPMENT PATH
Level small holding with large face brick homestead and flat currently zoned as an agricultural, situated just off a busy intersection on 9th Street, Bredell. Perfect for the development of high density housing (+/- 130 townhouses), warehousing, school or for a shopping centre.
The closest warehouses to the property on offer, are within 1 km and creeping ever closer at top speed. Sasol LP Gas- and Rand Water connections available on property – servitude runs along the border of the property.
Large newly built flat is an excellent rental income earner. Extremely strong borehole – approximately 60 000 liters per hour – that overflows in rainy season. Perfect for starting a bottling plant for mineral water. No housing developments in the vicinity that would detract from the value of this property.
The adjacent property of equal magnitude (2.9069 hectare) level vacant land is currently also on sale by the same agency. A combined surface area of 5.9069 hectare will then be available to the discerning developer.
Ownership of both the property on offer and the adjacent vacant land – would allow for the construction of at least 260 high density housing units. An offer on this property can be made subject to the availability of the adjacent stand, to ensure that the full potential of the combined portions are secured. Properties of this magnitude, on this main thoroughfare, do not make it onto the market on a regular basis.
Secure and exclusive appointment.
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