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R695,000

Monthly Bond Repayment R7,411.69
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R800

Development Venture Alert In Riversdale!

This expansive 3700sqm stand in Riversdale, situated adjacent to townhouses, offers a prime opportunity for developers. The property is attractively walled on three sides with durable brick walling, enhancing both security and aesthetic appeal. The front of the stand is enclosed with a wire fence, providing clear boundaries and a sense of openness. This vacant stand comes fully serviced, ensuring that essential utilities are readily available for any future development. Additionally, there is a small structure on the property, currently used for storing building materials.

While this structure is not suitable for accommodation, it is a practical asset for construction purposes. The stand's generous size and strategic location make it an ideal canvas for development. Whether you envision a new residential complex, additional townhouses, or another innovative project, this property offers immense potential. Developers will find this stand particularly enticing due to its proximity to existing residential areas and its readiness for immediate development. Explore the possibilities and seize the chance to transform this well-positioned plot into a successful development venture.

 
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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

R
%

Monthly Payment

7,411.69

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