| Exceptional investment opportunity for purchaser to buy this piece of land and start building a Hotel Boutique in Bainskloof immediately.
This is a vacant piece of land, Erf35 (consolidated) in Bainskloof, Wellington, Western Cape, South Africa.
What makes this an exceptional investment opportunity?
Well apart from being located in the well known and exquisite area of Bainskloof we have to take into consideration the advantages this land offers:
- Plans have been approved and the land zoned for a hotel (R5).
- Purchaser can start building immediately after buying the land.
- The company selling the land confident of the projects success and offering to project manage the construction and development of the hotel complex.
- Only reason the company is selling the land is due to financial difficulties not related to the land or the development there of.
- The land is approximately 4500 square meters in size.
Asking price is R4.8 million which includes VAT (no additional transfer duty payable).
The asking price is negotiable but only serious offers will be considered. |