Monthly Bond Repayment R17,062.87
Calculated over 20 years at 11.5% with no deposit.
Web Ref No 5192447
Developing Opportunity In Popular Suburb!
This scenic property boasts with 8062 square meters and is zoned as residential 2 for 20 sectional title units to be developed. Bulk contributions to be payed by owner before registration in the deeds office. All the services are immediately available, which include water, electricity and sewerage. Start developing and sell all the units or rent them out for an extra monthly income. The front of the property already features pre-cast walling which is beneficial especially for security reasons...
Invest in a developing property market and either sell the sectional title units that are yet to be built, or rent them out for a sustainable monthly income.This is an investment opportunity not to be missed! Riversdale is a new developing suburb boasting big houses and townhouse complexes. Newly built units in Riversdale are not a problem to rent or sell out. Start now and get ahead of the pack. Any additional information to be requested. Contact me for a viewing