Development Opportunity In Ballito
(Date of Submission: 10/27/2015)
187 hectares land
In Zimbali/ Ballito, the seller’s asking price is 500 million rands.
The property trends in Zimbali area indicate the following land value for Office Park / Business Parks (land only) is approximately R3000 per sqm.
We estimated the average land cost at @ 2000 per sqm although most pieces range from 1 500 – 6000 per sqm.
2. Hospital (300 Bed) 550 000 000ZAR (Five Hundred and Fifty
Frail Care 120 000 000ZAR (One Hundred and Twenty
Retirement Village 180 000 000ZAR (One Hundred and Eighty
(300 Sites) Million Rand)
1000 Cluster Unit 300 000 000ZAR (Three Hundred Million
2000 Free Standing Homes 1 800 000 000ZAR (One point eight Billion)
@approximately 850 000ZAR
Light Industry 1 500 000 000ZAR (One and a half Billion Rand)
Serv ice Station 50 000 000ZAR (Fifty Million Rand)
(25 Million x 2)
3. MALL 128 000 Sqm 2 600 000 000ZAR (Two point six Billion
(Proposed by REDEFINE) Rand)
*Drawings and application Documents Available on RequestDirect Contact
The opportunity and profile information was provided by the user. InvestorContacts.co.za has not verified any of the information. Therefore, it may not be complete or accurate for your purposes.
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