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R2,620,000

Monthly Bond Repayment R28,393.13
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,200

REZONED STAND FOR 9 UNITS

This 2142 square meter vacant stand is situated in a prime location, making it an excellent investment opportunity. The property has been rezoned, allowing for the construction of nine residential units. The strategic rezoning enhances the land's value and provides a versatile option for development.
Its prime location adds to its appeal, offering convenient access to various amenities and schools in the vicinity. Whether it's shopping centers, recreational facilities, or educational institutions, residents of the future development will find everything they need within close proximity.
The expansive size of the stand provides ample space for the planned nine units, allowing for creative and functional designs. Developers and investors can capitalize on the rezoning to create a well-designed and aesthetically pleasing residential complex.
Given the proximity to schools, families will appreciate the convenience of having educational institutions nearby, reducing commuting time for students. This can be a significant selling point for potential residents, making the property an attractive option for families with school-going children.
In summary, this 2142m2 vacant stand in a prime location, rezoned for nine units, offers a lucrative development opportunity. Its close proximity to amenities and schools enhances its appeal for potential residents, making it an ideal investment for developers and investors alike.

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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

R
%

Monthly Payment

28,393.13

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