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Commercial Vacant Land

Johannesburg, Gauteng - South Africa

Available: 4 yrs ago

Account Name: Ahmed ismail
User Since: 24/03/13
Ads Published: 4
Ads Active: 3 (View ads)

Commercial Vacant Land


Insolvency bargain: 700Ha ZONED LAND
location: Dunnotar Eastrand
700Ha of which 400ha is Zoned for affordable housing 6780 units.
800 units are serviced with water and sewer.
also retail,filling station,school sites.
300Ha still to be zoned, potential for approx 3000-4000 more units.

Valued at close to R100mil. Bank has written off a massive R40+ mil
and current asking price is R55mil - (thats just over 50% of value- Bargain! )

Only serious cash buyers with finance in place please.

(works out to just over R7000 per plot/opportunity on just the housing component - much less if you consider the business sites- Bargain!!)

(by email please,we will contact you)

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