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R1,600,000

Monthly Bond Repayment R17,062.87
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,001

Developing Opportunity In Popular Suburb!

This scenic property boasts with 8062 square meters and is zoned as residential 2 for 20 sectional title units to be developed. Bulk contributions to be payed by owner before registration in the deeds office. All the services are immediately available, which include water, electricity and sewerage. Start developing and sell all the units or rent them out for an extra monthly income. The front of the property already features pre-cast walling which is beneficial especially for security reasons...

Invest in a developing property market and either sell the sectional title units that are yet to be built, or rent them out for a sustainable monthly income.This is an investment opportunity not to be missed! Riversdale is a new developing suburb boasting big houses and townhouse complexes. Newly built units in Riversdale are not a problem to rent or sell out. Start now and get ahead of the pack. Any additional information to be requested. Contact me for a viewing

 
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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

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Monthly Payment

17,062.87

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