R550,000
Monthly Bond Repayment R5,960.39
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
R3,000
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 wonât 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!
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.