• 10 687 m2

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Mun. Rates & Taxes: ZAR 577.00

Property description

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 & 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

Property Features

  • Pets Allowed
  • Access Gate