R420,000
R420,000
Monthly Bond Repayment R4,551.57
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
R2,100
De Deur, a rapidly developing suburb.
De Deur, a rapidly developing suburb, is quickly gaining popularity as a favorable residential area. Its appeal is not only due to its fast growth but also because it boasts an excellent selection of schooling facilities, making it an attractive option for families and individuals alike. Among the various housing options available, De Deur Estates presents an enticing opportunity with 12 stands to choose from. These stands come in various sizes, catering to different preferences and needs, and their prices vary accordingly. For those with a keen interest in property development, De Deur Estates holds a unique opportunity. If you're an aspiring developer looking to construct a residential complex for renting purposes, this is the ideal chance knocking at your door. The stands are already zoned for Residential 1, streamlining the development process and eliminating many bureaucratic hurdles.
It's essential to note that when purchasing vacant land, banks typically offer loans covering up to 60% of the property's value. This means that you'll need to provide a 40% deposit to secure the land. However, for those interested in simplifying the process, it's possible to explore building packages that encompass not only the land but also architectural plans and other essential components. The potential to build your dream home or a residential complex in De Deur Estates is ripe for the taking. This opportunity promises not only a serene and developing location but also the prospect of a sound investment. De Deur's charm extends beyond its development potential â it offers a tranquil atmosphere, excellent educational institutions, and a chance to create your ideal living or rental space in a thriving community. As De Deur continues to evolve and grow, these stands in De Deur Estates represent a slice of the exciting future that's unfolding in this suburb. Whether you're envisioning your dream home or seeking a strategic investment opportunity, De Deur Estates is the place where your aspirations can come to life. Don't miss out on this chance to be a part of De Deur's promising future.
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
