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R1,080,000

Monthly Bond Repayment R11,517.44
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Vacant Land with development potential Res4

***SOLE MANDATE***
Introducing an exceptional opportunity for investment and development, this vacant land property spans across an expansive 1563 square meters, offering an ideal canvas for unlocking immense potential. Zoned as Res4, this land holds a promising future for those seeking to capitalize on the ever-growing real estate market. Nestled within a prime location, the property's size provides ample space for crafting a remarkable residential project. Whether envisioning a luxurious apartment complex, a charming townhouse community, or even a combination of both, the possibilities for development are truly boundless. With such a generous area to work with, architects and designers are afforded the freedom to explore innovative and imaginative designs that will captivate future residents and investors alike.

The property's zoning as Res4 further enhances its appeal and investment prospects. This classification allows for a range of residential uses, accommodating multiple dwelling units, such as apartments, townhouses, or even a mix of low-rise and high-rise structures. The versatility provided by this zoning ensures that any development plan can be tailored to meet the specific needs and desires of the target market, thereby increasing the property's potential for attracting prospective buyers or tenants. Investors and developers will undoubtedly recognize the long-term value and profitability of this land. With the current demand for quality housing options continually on the rise, seizing this opportunity ensures a solid return on investment. Moreover, the property's excellent location, coupled with its generous size, guarantees a competitive edge in the market, attracting discerning buyers who seek both comfort and convenience. This property is a great opportunity for those seeking long-term financial gains. Embrace this rare chance to shape a remarkable development and secure a prosperous future in the thriving real estate market.

In the news

Vanderbijlpark to expect a multi-billion Rand development
Situated on the banks of the Vaal River, and neighbouring the towns of Sasolburg and Vereeniging, lies the transforming town of Vanderbijlpark. Although it is labelled as an industrial area, recent changes have opened up a new...
 
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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

11,517.44

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