Price: R3.450 000.00. VAT not applicable, transfer duty payable.
Deposit Required: R1 800 000.00. The balance can be paid off in instalments over a 24 month period.
Seller’s Finance available at prime rate on the outstanding balance for 24 months. To make it more attractive for a developer or a Church is the availability of seller’s finance for 66% of the purchase price which make it possible for a buyer to secure the land with a R1 800 00.00 deposit and to do the necessary consent use application or rezoning or township establishment application on the developers own cost.
The purchaser can establish a new development company and the seller will register a Pari Passu First Ranked Cover Bond in proportion over the property for the balance of the purchase price when it is transferred into the developer’s name or new development company. The developer or the new development company can also register a Pari Passu First Ranked Cover Bond in proportion over the property for cost of the consent use or rezoning
This 1.5-hectare smallholding in Pretoria East offers exceptional potential with 96 different land uses that you can apply for, making it ideal for both residential and commercial development. The land is currently zoned as Agricultural Undetermined, providing flexibility for various uses.
Key Features:
* Municipal water connection on the border
* Access via a tar road
* Eskom electricity connection possible at the border
Prime Location: A future Gautrain station nearby, enhancing accessibility and value.
You can apply for any of the 96 different land uses, including:
• Place of Public Worship
• Filling station
• Social hall
• Mini storage facilities
• Truck yard
For More Information:
I can send you the list of all 96 possible land uses that you can apply for.
Contact me today to discuss this fantastic opportunity! Call, WhatsApp, or Email me today for more details.
