Monthly Bond Repayment R73,572.98
Calculated over 20 years at 11.5% with no deposit.
This prime piece of land of just over 2-hectare's presents a golden opportunity for developers and investors alike. Zoned for Res 3 residential development, it is an ideal site for a high-density housing project, perfectly suited to accommodate luxurious townhouses, apartments, or a gated community that could become the envy of all.
Strategically located, this land is not just a piece of earth but a gateway to a lifestyle coveted by many. It lies in close proximity to a myriad of amenities including shopping centers, reputable schools, and health care facilities, ensuring potential residents have everything they need right at their doorstep. Nearby Eagle Canyon Golf Estate, offering an unparalleled golfing experience.
This is more than just land; with a current rental income being generated from the existing dwellings in the region of R40 000 - R50 000 per month.
This property is a canvas awaiting a visionary development that blends luxury, convenience, and nature. With its generous size, ideal zoning, and enviable location, it represents a rare and lucrative investment opportunity. Whether you're looking to create a residential masterpiece or a profitable real estate venture, this land is the foundation upon which dreams can be built. Don't miss out on the chance to transform this space into a vibrant community or an exclusive retreat for those who appreciate the finer things in life.
*Offers in the region of R6 899 000 - Owner Asking R7 250 000