R16 400 000
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1.6ha
Vacant Land / Plot in Ivydale For Sale
A call to developers
1.6ha
Vacant Land / Plot in Ivydale For Sale
A call to developers
Features
Description
This land is very close to the CBD & the ideal spot for erecting unit for selling or renting. The land has been zoned for 113 units which goes 3 storeys high and would be a first for the residence of Limpopo. If the units are not what you intend your invest to do, you can also convert the units to host +- 240 student. At R1500.00 per student, you’ll be looking at +- R360 000.00 per month and R 4 320 000.00 per annum.
This has a land size 1.6HA and has been registered as a RES 3. Kindly note that the selling price is exclusive of VAT & VAT has been calculated at 2.1M & can be claimed back by the buyer.
Monthly Costs
Calculated over 20 years at % with no deposit.
| Bond Payments | R |
Property Details
| Web Ref | RXEG-7680 |
| Property Type | Vacant Land / Plot |
| Erf Size | 1.6ha |
Contact Agent
Phillip Schoeman
Broker/Owner
RE/MAX Northland Realty (Polokwane)
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R16 400 000
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Contact Agent
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