Terra Non Migliorata Ballito

93 UNIT RESIDENTIAL DEVELOPMENT OPPORTUNITY SELLING AT R 9.3 m ex vat. BALLITO ZONED \r \r Development land for sale Ballito , at R 100 000 per unit / opportunity. \r With the current interest rates at 7.% one would be wise to get into the market of selling homes from R 750 000 to \r R 1.5 M . First time in 4 decades it is cheaper to pay a bond than rent, particularly in the highly sought after Ballito and surrounding area’s, where demand in this price bracket outweighs supply. \r Herein an ideal opportunity, with opportunities selling at \r R 100 000 per opportunity . The land is sold serviced to boundary and already zoned at 60 units per ha. \r Four individual residential developments available next to each other, hence the option of purchasing the lot and creating your own affordable housing estate in Ballito on the North coast, 15 minutes from the King Shaka Airport. \r \r Erf 1602 , 24355 m2 R 14 600 000 ex vat 146 units \r Erf 1604 , 32313 m2 R 19 400 000 ex vat 194 units \r Erf 1606 , 20607 m2 R 12 400 00 ex vat for 124 units. \r Erf 1607 , 15554 m2 R 9 300 000 ex vat for 93 units\r \r Keep in mind there is 10 000 m2 in a HA.\r \r For all your North Coast development requirements I look forward to being of service.