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R3,750,000

Monthly Bond Repayment R40,639.01
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Attention all Developers: 1983sqm Land for sale

The development of 20 apartments had originally been approved by City Council in 2021, but building plans have unfortunately lapsed. R500,000 municipal costs have been paid in order to start the development. When you develop the grounds there will be two blocks of apartments consisting of two levels each, ground and first floor. Each level offers 5 x 2 bedroom apartments ranging from 50 to 59sqm. The plot's zoning was approved for GR2. Currently there is a 3 bedroom house on the plot which is being secured with a security guard. The property has been secured with Palisade Fencing at the front and a Vibrate walls on the side.
The property is close to Northlink College, Bellville High school, Boston Private School, is close to public transport and shopping centers. Don't miss out on this brilliant opportunity to build your own block of apartments. Don't delay, contact me for more information.

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

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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

40,639.01

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