R9,700,000
R9,700,000
Monthly Bond Repayment R105,119.59
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
DEVELOPMENT LAND - ONLY R9,7 MILLION VAT INCLUSIVE
This commercial stand with great potential offers a prime location and numerous amenities, making it an attractive investment opportunity. Here's an overview of the property and its features:
Location and Accessibility: The property is ideally located and borders the R511 Provincial road between Hartbeespoort and Hennopsrivier, with frontage to two other main roads in the Ifafi area. Its central position provides easy access to the N4 Highway, R55, Diepsloot, Sandton, Fourways, Pretoria, and Randburg, making it highly accessible and strategically positioned.
Development Potential: The property holds significant development potential, as it is centrally situated between proposed residential developments, a school, a medical clinic, and a shopping complex. The low general development density in the area, along with an ongoing rezoning application, indicates potential for increased value and diverse business complex opportunities.
Property Features and Infrastructure: The property boasts a range of infrastructure and utilities, including municipal water connection, 3-phase electricity with 10DB boards, LED floodlights with tilt application, sewerage points, and 40% irrigation on the land. Additionally, the entire property is cleaned, leveled, and fenced with 1.8-meter high barbed wire, providing essential amenities for potential development.
Land Size and Rezoning: The property spans 4.61 hectares and has an ongoing rezoning application, indicating the potential for increased value and expanded usage.
VAT Registered: The property is VAT registered, with VAT inclusive in the price, providing clarity on the financial aspects of the transaction.
This property represents a valuable investment opportunity with its prime location, ongoing rezoning application, diverse amenities, and significant potential for development and increased value. Interested parties are encouraged to contact the agent for a viewing to fully appreciate the property's unique features and offerings.
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