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R1,160,000

Monthly Bond Repayment R11,973.39
Calculated over 20 years at 11% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R750

Vacant Stand in Riversdale

This expansive 8565m² vacant stand in Riversdale is an exceptional investment opportunity. Located directly across from a townhouse, the property offers prime positioning in a rapidly developing area. Riversdale has seen significant growth in recent years, with numerous new developments popping up nearby. The size of this stand provides endless possibilities, whether you're looking to develop a residential complex, commercial space, or a combination of both. Its location at the heart of this thriving area makes it an ideal spot for future growth.

Additionally, the property is situated close to the newly built mall, which provides easy access to a range of amenities, shopping, and services. The area is becoming increasingly popular, and this stand is perfectly positioned to benefit from the ongoing development. However, please note that the bank requires a 40% deposit for vacant stands, which is an important consideration for prospective buyers. This is a rare opportunity to secure a large piece of land in a highly sought-after location with significant potential for future returns. Don’t miss the chance to be part of Riversdale’s exciting growth and development.

 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

11,973.39

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