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R1,630,000

Monthly Bond Repayment R17,664.43
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R868

Vacant Land For Sale - Development Opportunity - Res 2 Zoning for 34 Units!

RESIDENTIAL 2 ZONING FOR 34 UNITS FOR SALE!

Perfectly located and well priced! This 8774m² land has zoning rights in place for your to move forward with immediate development. Rental income is booming in Modimolle and small units are in high demand!

Embrace a lucrative opportunity in the heart of Modimolle with this exceptional residential stand primed for development. Spanning an impressive 8774 square meters and zoned as Residential 2, this parcel of land presents developers with the perfect canvas to create a residential haven that combines luxury living with modern convenience.

Nestled in a buzzing area of Modimolle, this stand enjoys a convenient setting close to essential amenities such as schools, shopping centers, and medical facilities, ensuring a desirable lifestyle for future residents.

With a sprawling 8774 square meters at your disposal, there's ample room to conceptualize and construct a residential development that maximizes space utilization while providing residents with a sense of privacy and exclusivity.

The property is zoned as Residential 2, allowing for the construction of up to 34 units, making it an attractive proposition for developers looking to capitalize on the growing demand for quality housing in Modimolle.

Modimolle offers a supportive environment for developers, and a growing market demand for residential properties, ensuring a profitable development journey.

Whether you envision a gated community of townhouses, upscale apartments, or a mix of residential units, this expansive stand offers flexibility in design and layout to bring your vision to life and meet the diverse needs of future homeowners.

Modimolle is experiencing sustained growth in its real estate sector, driven by factors such as urbanization, infrastructure development, and a growing population. Investing in this residential stand presents an opportunity for developers to capitalize on this upward trend and achieve favorable returns on investment.

This residential stand offers excellent value for developers seeking to embark on a profitable residential development project in Modimolle.

Don't miss out on this opportunity to acquire a prime residential stand in Modimolle, offering unlimited potential for developers to create a distinctive residential enclave that sets the standard for modern living.

Contact us today to secure this developer's dream and turn your vision into reality!

Modimolle, Modimolle

Nestled in the fertile lands of the Limpopo Valley, Modimolle has made a name for itself as one of South Africa’s leading areas of agriculture. Grapes, cattle and citrus fruits form the majority of the area’s exports, which trade as far abroad as Europe and South-East Asia. The fertile lands are a result of the river that flows through the region, which is what attracted settlers to the area in the late...
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Modimolle town offers a break into the bushveld
Escape the hustle and bustle of city life and discover the hidden gem of Modimolle (previously Nylstroom), a quaint Limpopo town nestled in the heart of the bushveld. Here, visitors and residents alike are enchanted by gorgeous...
 
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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:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

17,664.43

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