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R12,000,000

Monthly Bond Repayment R117,797.21
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,800

TOWNSHIP DEVELOPMENT POTENTIAL

This property has the potential to develop 226 residential units. It is currently zoned Special Residential 1 and one can apply to rezone it to intermediate residential 1 which can increase the number of units that can be developed subject to the local authority approval and requirements.
There is also potential for sub division on the 203000 sqm land ( 20.3 Hectares)

This land currently has a 3 bedroom modern double story house on it. Its bedrooms are all en suite. It it tiled throughout and its modern kitchen is fully fitted. There is also a separate 3 bedroom house within 100 meters from the dwelling.

The land is currently used as a farm land.

Features

3
3
3
Interior
Bedrooms
3
Bathrooms
3
Reception Rooms
3
Exterior
Garages
3
Carports / Parkings
2
Security
Yes
Flatlet
3
Sizes
Land Size
20Ha
Extras
LAND CAN BE PURCHASED FOR TOWNSHIP DEVELOPMENT THE WHOLE LAND CAN BE UTILIZED FOR FARMING LAND CAN BE SUBDIVIDED AND PLOTS SOLD OFF

Make an Offer

Market value

R12,000,000

Offers from

R10,000,000

Offers for this listing must be made in R50,000 increments. More Info

 
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Disclaimer: While every effort will be made to ensure that the information contained within the Maxprop website is accurate and up to date, Maxprop 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.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

117,797.21

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