R 11 500 000 | apartment property for sale in saldanha

Would you happen to have the vision and business acumen to turn this opportunity into reality? The property of 2096sqm is situated one street away from the shoreline of Saldanha Bay. The project consists of the land and the present three properties on the land. The consolidated erf has been zoned correctly and all required municipal approvals have been obtained for a high rise apartment block to be erected, consisting of 42 apartments with spectacular views and spanning 6 floors, The floor area of the apartments will vary from 71sqm to 159sqm with total living area of 5163sqm. The first picture depicts the present 3 dwellings on the consolidated erf. They are being let and can generate income until construction starts. The pictures that follow depict the model of the high-rise building, for which all the necessary approvals have been obtained. Price R10m 15% VAT. For information, call Hans Bluhm 42 apartments with a sea view.