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R 13 000 000

Vacant Land / Plot for Sale in Blanco

Blanco, George

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13 689 m²
- m²: 13 689 m²
- Hectares: 1.369 ha
- Acres: 3.383 acres

NO TRANSFER DUTY

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Development Opportunity R13 000 000 VAT Exclusive

Compelling investment opportunity in a development project comprising 110 sectional title units, to be built in two phases. Here's a brief summary with key points that investors should focus on:

Phased Construction: The project is designed in two phases, offering flexibility in construction. Individual blocks (2-11 units) can be built and registered as needed, allowing for manageable cash flow throughout the project.

Municipal and Environmental Approvals: The project already has essential municipal and environmental clearances, minimizing red tape and delays.

Customizable Site Development Plan: New buyers can make changes to the final Site Development Plan (SDP) before submission for municipal approval, providing control over the project's direction.

Financial Inquiries: Investors can request estimates for service costs and contributions for clearer financial...

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Property Overview

Listing Number

115013790

Type of Property

Vacant Land / Plot

Listing Date

02 October 2024

Erf Size

13 689 m²

No Transfer Duty

Yes

Pets Allowed

Points of Interest

Bond Calculator

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Total Once-off Costs:
(Transfer Duty Excluded)

This property has been flagged as “No Transfer Duty” by the agent/seller, we have therefore excluded a transfer duty of from the total once-off cost calculation.

Min Gross Monthly Income:

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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.