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R22,500,000 | 3,966m² Vacant Land For Sale in Lynnwood

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R22,500,000

Monthly Bond Repayment R220,869.76
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Vacant land ready for development.

Vacant land ready for development.

The property is zoned Residential 4 with a density of 198 Dwellings per ha. This will allow for 78 units on this stand.

Water and sanitation, Energy and electricity, roads and stormwater have been approved by council and all bulk contribution fees have already been paid for by seller.

All that is outstanding before construction can commence is the approval of the actual building plans and the SDP.

The property has an excellent location, and several similar projects have either been completed or are in progress in the same area.

The seller are registered for VAT, and the listing price excludes VAT.
Michael Huxham
Michael Huxham
Principal Property Practitioner Registered with PPRA
(FFC 1129009)
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