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R1,100,000

Monthly Bond Repayment R11,354.07
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R1,200

Large Vacant Stand With Services!

This prime 8,565sqm corner stand, situated right next to an existing townhouse complex, offers an exceptional opportunity for development. With ample space, it is an ideal candidate for the construction of an additional residential complex, making it a valuable investment for visionary developers. Currently in the process of rezoning to Residential 1, this stand provides flexibility for future housing projects, catering to the growing demand in the area.

One of the key advantages of this property is that no dolomite tests are required in Riversdale, streamlining the development process and reducing costs. Additionally, with the newly expanding Meyerton nearby, the area is poised for significant growth, further enhancing the value of this investment. Whether you’re looking to develop a high-demand residential project or secure land in a thriving location, this stand presents a remarkable opportunity. Don't miss your chance to capitalize on this prime piece of real estate in an area set for expansion.

 
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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

11,354.07

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