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Commercial Properties For Sale in Nigel Gauteng

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Residential And Commercial Development In Gauteng, Nigel For Sale

Location:Nigel, Gauteng

Category:Commercial Property

Asking Price:R20,000,000

20000000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Residential And Commercial Development In Gauteng, Nigel For Sale

Business description

The Business / Retail site is located on the intersection of the R51 Balfour Road and the R550.

The proposed development consists of:

  • 596 Full Title Residential Stands (approximately 200 square meters each)
  • 1 Sectional Title Stand (approximately 80 units)
  • 1 Business Stand (1.9ha), can be used as retail

The development consists of 7 phases and is structured in such a way that the option is available to convert a portion of the development to sectional title rental units should there be a need for social housing units.

All bulk services are available as per the signed services agreement.

Other reports such as: the Feasibility Study, Geotech Report, Conditions of Established, etc. will be made available to serious buyers. 

Selling price: R20,000,000 excluding VAT.

Enquire for more information.

Other Information

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