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R1,650,000

Monthly Bond Repayment R17,881.17
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R4,000

OPPORTUNITY TO REBUILD YOUR DREAM...

The original structure of the previous residence is still in tact and will have to be demolished after vandalism occurred, therefore we sell this as a vacant land with exceptional opportunities for the development of Strata-landed housing. The land of approximately 4404 square meters has the potential to be developed into an estate with approximately 8 Cluster houses for the purposes of re-selling or renting. The properties can be rented out for approximately 1 year with a cost of R 10 000.00 pm or the stands can be sold directly to potential buyers where they can build from the plan with interior design which will allow their own fingerprint to the internal location. The stand is close to all amenities such as a shopping center's, hospitals, a gym and schools.

The vacant stand is approximately 1 kilometer from the Vaal River and has lots of potential for Cluster Homes. The process to start the rezoning did already commence, however it’s up to the new owner – developer to take the process forward and obtain the final clearance and rezoning certificate. The positive outcome is that the water, electricity and sewerage services are already in tact and it won’t be a problem to extend the services to the proposed new Cluster Homes. This is an excellent opportunity for a developer to invest in, with the purpose to provide someone with a lifelong dream to build their own property from the plan. Investors do not hesitate; contact me immediately to view this great opportunity.

Features

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Sizes
Land Size
4,006m²
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

17,881.17

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