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8Ha Small Holding For Sale in Glen Austin AH

R85,000,000

60 Alsatian Road

Monthly Bond Repayment R906,465.19
Calculated over 20 years at 11.5% with no deposit.

Web Ref No JRL19330

Large tract of land with commercial, general residential and vacant land rights

This sale consists of four parcels of land, adjacent to one another, but being sold by the seller as a single unit.

These four parcels of conjoined land (2 erven; 4 portions) have been rezoned for Commercial and Residential use as well as vacant land.

The northwest erf has commercial rights and has a partially built shopping centre,whilst the south west erf has general residential rights and a partially built "student" accommodation structure with a beautiful man-made lake, 3.5m deep, stocked with fish and protected by weeping willow trees.

The partially built shopping centre has a gross lettable area (GLA) of 4,746m2 and has all the relevant infrastructure in place, such as roof, sewer, water and paving. The residential unit has similar infrastructure in place, with its own manmade stocked dam.

Of the remaining two erven one has a home (east of the commercial rights property) and east of that erf, the last tract of land is designated "vacant".

All relevant permissions, rezoning and documentation can be viewed upon application.

Whilst every care has been taken in the preparation of this listing, we cannot be held liable for any errors and/or omissions which may have occurred.

Features

Floor Size 4,746m²
Land Size 8Ha
Carports/Parkings 50
Monthly Rates R25,109.00
Extras

Lake

Agent Contact Details

Sava Michaelides
Candidate Property Practitioner
Registered with PPRA
(FFC 114 044 0)

Cell 0721419468
Office (011) 4660966
WhatsApp Me
Crispen Maseko
Midrand

Cell 082 676 6751
Office (011) 4660966
WhatsApp Me

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