INCOMPLETE RESIDENTIAL INVESTMENT OPPORTUNITY OVER 20 PARTIALLY COMPLETE APARTMENTS
Venue: 1 DE Gaulle Street, Duncanville, Vereeniging
Viewing: BY Appointment only
Contact Person: Vongani Baloyi 076 790 6100
14 days confirmation period by the seller
Deposit on Purchase Price
10% payable by electronic transfer (EFT)
Guarantees on Balance
30 days from date of acceptance
5% plus VAT
Outstanding Rates and Taxes & Levies
SELLER is liable for all outstanding rates and taxes & levies
The property was purchased by the original owner with the intention of constructing four blocks of 2 storey residential units. To date, 2 of those blocks have been partially completed. The building plans are premised on construction using a cast-in-situ concrete framework on concrete foundation work. Once complete, the residential property should house approximately 44 units (64.30 m2 each) with a separate refuse area and guard house.
The building plans cater for all the apartments to have an open plan kitchen, lounge area, 2 bedrooms and 1 bathroom. The property is to be secured by a combination of steel palisade fencing and face brick wall.
The property is in the general area of Duncanville, Vereeniging which sits on the south western triangular of four large town concentrations, namely; Vanderbijlpark, Vereeniging, Three Rivers and Sasolburg. The property is suited within 3 kilometres of the Duncanville tertiary precinct with includes; Lifeline Triangle, Damelin and Boston business College.