X

11,900m² Vacant Land For Sale in Middelburg South

R4,439,000


Monthly Bond Repayment R48,105.76
Calculated over 20 years at 11.75% with no deposit.

Web Ref No CMDB-3022
ATTENTION ALL DEVELOPERS- A GOLD MINE AWAITS!

64 Units has been drawn by one of the most prestigious architectural Companies in South Africa.

This stand is located in Middelburg which is 11900m2 or 1.19ha. The current owners have already done the civil Engineering drawings of the water, stormwater, sewer and electrical services. Report are available on request.

The rental market in Middelburg is greater than ever and you will never struggle to let a townhouse. These townhouses are luxurious and spacious. Each townhouse is 76m2 with two bedrooms. The kitchen, dining area and lounge are open plan! The bedroom is spacious with modern cupboards in both rooms. The full bathroom has a shower, bath and a basin! The floor units have an intimate patio and the top units have a beautiful balcony.

There will always be a market for under a million! Let's for example say you sell a unit for around R 800 000 multiplied by 64 and you will get about R 51 200 000. The return on investment is the bigger picture to look at. Here is an opportunity to make it big in the property market!

Important note: One will be able to do a sale of shares- this will save you R 460 000.

The time is now- give me a call!!

Features

Land Size 11,900m²

Agent Contact Details

Message the Agent

We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

1 of 1
I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy
Chas Everitt logo