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R8,500,000

Pre-Zoned Stands for Special- Student housing or Dwelling Units

Pre-Zoned for Special- Student housing or Dwelling Units
2 Adjacent Stands of 2,420 S/qm with both with Houses.
This property is ideally situated in close proximity to the Gautrain and the University of Pretoria.
Due to the shortage of student accommodation and good demand for residential accommodation this is a great investment.
The Local Authority will allow for a F.A.R (Floor Area Ratio) of 3.0 and a height of 12 Storeys.
This would allow a maximum bulk of 7,656 m2 OR 255 living units, depending on the design with parking usually an influential factor in determining the amount of F.A.R that is functional.
The property is located in a high density area and also near the BRT (Bus Rapid Transit).
It's locality is characterized as a 'Concentration Zone' within 1 km walking distance from the public transport node (Gautrain & BRT).
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Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Land Size
2,420m²
Extras
Near University/Campus • Near Schools • Near Park • Near Shopping Mall • Corner Lot • Near Public Transportation
 
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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

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Monthly Payment

118,293.60

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