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5,500m² Vacant Land Sold in Unitas Park

R550,000


Monthly Bond Repayment R5,960.39
Calculated over 20 years at 11.75% with no deposit.

Web Ref No DPR10236

Endless opportunities for vacant land in Unitas Park.

This vacant stand situated in the central area of Unitas Park is zoned as commercial and have excellent opportunities to be developed into a business complex similar to a small mall with numerous shops potentially under one roof. In this specific area there are no shops around like a small Pick a Pay or even a decent café which provide in necessities like bread and milk, which is required on a daily basis. Should a decent shop be built in this area it won’t benefit only Unitas Park as a residential area, but it will also be the centre point of attraction to all the surrounding areas.

This piece of land of 5500 square meter can also be used to erect a complex with approximately 40 units. Should a potential buyer considering building townhouses on this plot and sell the properties, he will be able to sell the newly properties at approximately R 1 200 000, 00 per unit. Or an alternative for the potential buyer is to rent out the properties on a contractual basis for approximately R 8000.00 pm per unit. This vacant land has endless opportunities that can be explored at going price only R 640 000.00, a price not to be missed!

Features

Land Size 5,500m²
Monthly Rates R3,000.00

Agent Contact Details

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