8 m² Land available in Kyalami AH

R 36 000 000

Danie Pienaar

RE/MAX-Jowic Irene

Werner Eksteen

RE/MAX-Jowic Irene

8 m² Land available in Kyalami AH

R 36 000 000

Can I afford this?
Land Area 8 m²

NETT SIZE OF LAND: 7.6695 HECTARES

161 STANDS FOR SALE

AVERAGE STAND SIZE +- 476 SQM

101 CERTIFICATE IN PLACE

R36 mil. plus VAT (if applicable) for 80% SHARES in JV OPPORTUNITY!

- R59 mil. bond available for infrastructure if land is paid for and pre-sales of R100 mil. is done.

- If only vacant stands are sold you can expect an estimated R29 mil. profit.

- If the stands are improved with dwellings the estimated profit can increase with R32-50 mil.

- Provision is made before profit for 10% interest on capital employed.

- Nett size of sellable land is 7.6695 hectares.

- Budget sales price for stands are estimated: R2000.00 per sqm.

Please email or phone me for more information!

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Danie Pienaar

Danie

Pienaar

Werner Eksteen

Werner

Eksteen

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Experience Midrand

Midrand, also known as the Halfway House, was established as a municipality in 1981. It is a very vibrant, accessible area that is growing at a rapid rate. Families flock to the area to take advantage of the laid back lifestyle and variety of amenities. There is plenty of employment nearby, with many large businesses taking advantage of Midrand's convenient location between big cities. Vodacom, Cell C, Neotel, Altech Autopage and many more large companies have offices situated here, and with its growing residential areas this is one of the up and coming areas in South Africa.

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Similar Property for Sale in Kyalami AH

8 m² Land available in Kyalami AH

R 36 000 000

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