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R7,500,000

Monthly Bond Repayment R78,694.20
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Prime Investment Opportunity on Westville's Golden Mile

Set amidst the exclusive, contemporary lines of Berea West's skyline, this expansive, level land is brimming with opportunity and promise. Vast and open, it’s a vacant dream canvas for savvy developers looking to contribute their own brush strokes to this luxe suburban fabric.

Cradled in a peaceful cul de sac, this development opportunity beams with the potential to build 10 deluxe residences, under the approved 'intermediate 4' residential zoning. Yet, the raw, unsculpted potential of the terrain could be stretched further, with an aspirational reapplication opening the doors to more than 10 upscale homes.

Envision the luxury of convenience with your future residential project. Boasting proximity to centrally located and esteemed schools, this locale's appeal skyrockets in the eyes of families. As a developer, let this be your siren’s call to professionals desiring the harmonious balance of suburban tranquility and uncompromised urban convenience.

Throwing you a bone is the invaluable asset of an active borehole, a sustainable solution that supports and complements the lush, verdant vision of a landscaped oasis for these homes.

As a tantalizing bonus to sweeten the deal, this attractive offer comes with an already built 4-bedroom home, ensconced unpretentiously within this verdant sprawl. A charming residence, offering the scope for an in-out driveway, and possibly the first page to your illustrious chapter on Westville's development narrative.

On the other hand, if you savor the allure of an unbroken landscape, ready to be worked upon, you have the flexibility to exclude this home, rendering a slight reduction in the price tag – your canvas-raring to be drawn upon!

The exquisite neighborhood is your synthesis of a suburban idyll, embracing a pet-friendly culture and basking in its reputation as a secure, upmarket area.

Imagine shaping the architectural trend in one of Westville's finest neighborhoods... then bring your vision to life on this valuable piece of real estate! Embrace this chance and carve your legacy on Westville's Golden Mile property scene.

Don't let this irresistible development opportunity slip away! For an exclusive viewing and more information, get in touch today. Let your imagination soar, start your journey in shaping Westville's residential grandeur!

Currently for sale without the main house for R7,500,000, if you would like to include the house which has 4 bedrooms the price will be R9,500,000.

Claim your golden ticket to becoming an icon on the development stage of Westville, Berea West!

Westville, Durban

Durban Durban is the largest city in the South African province of KwaZulu-Natal and the third largest city in the country, forming part of the eThekwini metropolitan municipality. Durban is famous as the busiest port in South Africa and is also a major centre of tourism because of the city's warm subtropical climate and extensive beaches. Voted as one of the top 10 family beach holiday cities in the...
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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

78,694.20

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