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PROFILE |
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Description: |
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The master franchise of this project requires an investor/franchisee to develop a 106 unit development in Kuilsriver.
This will be a multi-family sectional title apartment development of 106 units being two bedroom apartments selling at an average price of R950,000. Funding is now needed for the next phases for which a feasibility study is available
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Industry / Sector: |
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Property Under Development |
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LOCATION |
| State / Province: |
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Western Cape RSA |
| City / Town: |
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Cape Town |
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Location / Area: |
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Kuilsriver |
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Portability: |
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Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
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PRICE |
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Asking Price: |
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R 8 000 000
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| Conditions: |
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Cash |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 1 per month
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| Profit: |
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- not disclosed -
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| No. of Staff: |
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1 |
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Year Established: |
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2026 |
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Legal Persona: |
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- unknown or withheld - |
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Other Information: |
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This project is developed on 7,127 sq meters of land comprising 106 units with each unit selling at an average price of R950,000.
The structure will be two bedroom units in three storey walk-up apartments.
The land has the correct zoning for this development.
There is a housing shortage of over 3,3 million houses in South Africa.
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