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Glencoe, Glencoe, Glencoe, KwaZulu-Natal
R 8 900 000
Calling all Developers! If You are looking for an investment opportunity, Look no further. Prime property situated in the centre of Glencoe. Set on 67747 sqm of land no obvious inclines or declines on the property. Potential to be sub divided or developed into a town house complex. Currently rental demand is good. Once developed homes could also be sold individually if wanted. The sky is the limit. The complete property is currently walled with two entrance gates. Included in the sale are the following Rental Properties. 2 Large houses both with 2 bathrooms, 2 bedrooms and enclosed gardens. 2 x 1 bed flatlets each with an enclosed private garden and double carport. 1 x free standing flat with enclosed private garden & car port. 1 x free standing 3-bedroom house with outbuilding, carport and enclosed private garden. Phone Michele or Vernon today to discuss this investment opportunity.
Estimated monthly repayment
R 84 045
on a R 8 010 000 bond over 20 years at 11.25%
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Glencoe, Glencoe, Glencoe, KwaZulu-Natal
Fair-value check
Priced highPriced 837% above comparable 3-bed houses for sale in Glencoe
Based on 26 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Michele Wilkinson
De Wet Estate Agency
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