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R22,895,000 | Apartment Block For Sale in Protea Heights

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R22,895,000

Monthly Bond Repayment R248,114.73
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R14,000

APPROVED Development Opportunity!

SDP and all approvals are in place! Start the process!

Amazing 8617m² Development land in an exploding Residential area!

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

Traffic, Storm water, Landscaping, 3 phase electricity supply with supply

unit, Engineer's reports, City Planner, Architect - paid for and approved.

Provision for 124 parking bays.

Provision for 73 x 55m² two bedroom Apartments are place at a selling
price of ±R1 400 000 - R1 450 000 per unit.

Provision for 5 x 100m² three bedroom Apartments are place at a selling
price of ±R2 000 000 - R2 100 000 per unit.

Investigations were done for a borehole to be pursued.

The sought after property is in PERFECT position adjacent to other modern

Estates and in walking distance to a 5-star Hotel, Wine Farm, Restaurant's,

Venues and a Golf Course.

There are many other options to consider - don't loose this opportunity!

Features

-
-
Pets Allowed
No
Interior
Furnished
No
Exterior
Security
Yes
Parkings
124
Pool
No
Scenery/Views
Yes
Sizes
Floor Size
1,000m²
Land Size
8,617m²
STREET MAP
STREET VIEW
-33.8815898, 18.6954479
Barbara Strydom
Barbara Strydom
Western Cape and South Africa Show number View my listings WhatsApp
Willie Strydom
Willie Strydom
Western Cape and South Africa Show number View my listings WhatsApp
1
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