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R2,200,000

Monthly Bond Repayment R23,461.45
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Prime Location, Prime Potential: Reimagine Your Future in Kempton Park CBD

Calling all visionary developers and builders!Are you searching for a high-impact project with exceptional potential in a thriving location? Look no further than thisprime piece of land in the heart of Kempton Park CBD, poised for transformation into a modern, two-story apartment building.
While the current state may appear unassuming, don't be fooled by the surface.Thisgenerously sized plotpresents a blank canvas brimming with opportunity. Envision19 well-appointed apartments, a mix of5 spacious two-bedrooms and 14 cozy one-bedrooms, catering to the diverse needs of Kempton Park's vibrant community.
Here's why this project is destined for success:Strategic Location:Situated in thebustling CBD, your development will be steps away from essential amenities, vibrant nightlife, and convenient public transportation. This ensures high occupancy rates and rental potential.Booming Demand:Kempton Park is experiencingrapid residential growth, fueled by a thriving economy and an influx of young professionals. Your apartments will cater to this burgeoning demand for modern, central living.Favourable Rezoning:Withrezoning for a two-story apartment building already in progress, you'll benefit from streamlined approvals and expedited construction timelines. Get ahead of the curve and capitalize on this prime location before it's too late.Exceptional Investment Opportunity:This project promisesattractive returns on investment. With well-designed apartments, a prime location, and strong rental demand, you can expect consistent income and long-term value appreciation.

Features

24
19
Interior
Bedrooms
24
Bathrooms
19
Reception Rooms
19
Sizes
Floor Size
747m²
Land Size
1,301m²
Extras
Near Airport • Near Shopping Mall • Brick • Near Public Transportation • Near Bus • Near Motorway • Near Medical Center • Near Schools • Near Highway • Near Railway station • Pets Not Allowed • City Center • Near Hospital • Near Shops • Near Subway
 
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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

23,461.45

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