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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   South Africa Businesses For Sale Categories   >>   

Residential Development Project For Sale

Location  South Africa
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Description  This is a private residential development project. The total extend of the development area is 65 hectares which was subdivided into 592 residential erven of 500 square meters as well as 1 commercial erf of plus minus 2 hectares. A total of 268 erven of the 592 erven was sold and transferred leaving an amount of 324 residential erven and the commercial erf bonded stock unsold. The nett value of the unsold erven and the commercial erf amounts to $16 million. All erven is fully serviced and ready to be sold as serviced erven or as plot and plan units. This deal is for serious investors only. There will be no third party contracts unless an agent/broker contacts me. The advantage of having direct contact with the developer earlier on in the deal is that it makes the conducting of due diligence easier and faster. Price of Development Project: $12.8 million save $3.2 million. Email or call Isaac at 0767859821 for more information on this development project for sale.
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