R8,500,000
R8,500,000
Monthly Bond Repayment R90,646.52
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
R1,100
AGRICULTURAL GROUNDS- ZONED MULTIPLE USES
Current zoning of this property is Agriculture with additional consent use rights. The property is extremely well located with easy access to shopping centers, main thoroughfares and has river frontage. There are 2 x 3 phase electricity connections on the property, no prepaid electricity. The building includes one of the two 3 phase electricity connections. There is currently one building on the property which generates a monthly income for the owner of R 12 000 per month. Tenant also pays the Municipal account.
Irrigation from the river is possible but property also functions on municipal water. There are 5 x 2 sided large, advertising board frames that can ideally generate additional income, currently charging R 5000 per month, per board. Building consists of a dance floor, kitchen, bar, men's and ladies toilets, loft area and enclosed outside play area for kids. 2 Shade net carports 5m x 6m and 6m x 6m. This property offers an opportunity for an innovative Entrepreneur to develop and make their own. Give us a call today to view.
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