R140,000,000
R140,000,000
Monthly Bond Repayment R1,445,063.75
Calculated over 20 years at 11% with no deposit.
Change Assumptions
Land for Lifestyle Estate Development: Village at Vergenoegd
Calling All Developers Only
Location in close proximity to other large developments like Sitari and the new Amazon building and Cape Town Film Studios.
Plans for the land:
850 dwelling units being sectional title, group housing and single residential.
Selling price range: R 1million to R3.5 million per unit.
Style: Cape vernacular architecture with a variety of styles and roofscapes.
Curro Castle pre-primary school or similar.
Small convenience shopping centre/offices.
On-site sewage treatment and water reclamation works.
Approximately 18 ha of sellable area.
27 ha of developable area (includes roads).
Relocation of the dam.
37 ha of nature reserve including 1.2 km of river frontage.
The city favors a high-density development of 1400 units and perhaps even as high as 1800.
Appendices available on request confirming rights and services.
LOCATION: situated on the farm Vergenoegd adjacent to the Kramat Road in Faure 34.03924 S, 18.74864 E.
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