R 9 500 000
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1.1 ha Land available in Olympus AH

1.1 ha

Don''t miss this development opportunity in Olympus

OPTION 1: OUTRIGHT SALE

Outright Sales Price: R9 500 000

(0% Vat as going concern otherwise Plus VAT)

Or

OPTION 2: A JOINT VENTURE CAN BE NEGOTIATED

The development opportunity offers 38 dwelling units that can be constructed.

The development is shovel ready!

The estimate costs for bulk andamp civil services for phase one to start with construction of 9 sectional title units is as follows:

- Bulk Contributions R 1 650 000

- Outside Civil Works R 1 650 000

- Engineers Cost Outside Works R 124 821

- Internal Services R 2 500 000

- Engineers Cost Internal Services R 119 528

- Boundary Wall, Guard House, Security R 1 500 000

TOTAL COST FOR SERVICES R 7 544 349

Phase two can be 10 units to be constructed

Phase three can be 10 units to be constructed

Phase four can be 7 units to be constructe

Please call me, WhatsApp or email me for more information about this development opportunity.

On request I can supply you with much more information and bring you in contact with the owner and his professional team.

Property details

  • Listing number T4750692
  • Property type Residential Land
  • Erf size 1.1 ha
  • Rates and taxes R 577

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