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R8,000,000 | 4.50Ha Vacant Land For Sale in Soshanguve F

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R8,000,000

Monthly Bond Repayment R85,314.37
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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4.50Ha Vacant Land For Sale in Soshanguve F

DEVELOPMENT LAND

Introduction and Overview

Route from Residence to TUT North Campus =2.56km
Route from Residence to TUT South Campus = 2.59 km
TUT official Bus Service from North South Campus . Conveniently located adjacent to a shopping center.

The Giant Sport stadium, directly west of the development , provides for recreational purposes.

The Project :

The proposed residence on Soshanguve , Block F is 4.4625 Ha in extent.

The development can be sold as sectional title basis.

•The total opportunities in terms of the zoning is 536 units
•The current approved SDP allow for 276 units. This is due to flood line and parking requirements.
If the developer would like to resubmit an amended SDP, he will only be in a position to do so after transfer.

• As reported by the electrical Engineers, the current electricity available from COT is for 225 units. After COT upgrade the supply to the bigger Soshanguve the balance of the electricity will be available.

Depending on the phased implementation the possibility exists that the balance of the electricity will be available when the last phase is constructed.

The height restriction is 3 storeys.
Parking is one car per unit including visitors parking with total number of parking areas provided of 368 bays,
23 separate blocks with 12 separate units / flats per block
Each of these flats has 2 bedrooms, Kitchen, and bathroom facility and could function as a close family unit.

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