R410,000
Monthly Bond Repayment R4,372.36
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
R2,100
INVESTMENT OPPORTUNITY FOR THE DEVELOPER
Investing in residential land with Residential 1 zoning is indeed a promising venture, and the opportunities it presents are asking to a golden ticket to success. Here's why you should seize this chance: 1.Unlocking Potential with Residential 1 Zoning: The Residential 1 zoning designation signifies that the land is optimally suited for residential purposes. This zoning classification offers immense flexibility, allowing you to create a wide range of residential structures. Whether you're a real estate developer with dreams of constructing apartments or townhouses or an individual longing for your dream home, this zoning provides the canvas for your vision. It caters to diverse preferences, making it an ideal choice for anyone with residential aspirations. 2.Streamlined Financing Options: Financing the purchase of vacant land can be challenging, with banks typically requiring a substantial 40% deposit. However, opting for a complete building package not only secures the land but also includes architectural plans and more. This approach simplifies financing and accelerates your project's development. For those looking to enter the real estate arena with fewer financial hurdles, it's an enticing proposition.
3.Seizing the Rental Market Opportunity: If your aim is to build a rental complex, this opportunity aligns perfectly with the current housing market trends. Rental properties remain in high demand, offering a stable income source over the long term. By investing in the right location and property type, you can secure your financial future while contributing positively to your community by offering quality housing options. 4.Your Dream Home Awaits: For those envisioning their dream home, this is the perfect moment to turn that dream into reality. With Residential 1 zoning, you have the freedom to design and build your ideal living space in a location that matches your lifestyle. This land provides the blank canvas to create a home that reflects your unique preferences, right down to the smallest detail. In conclusion, the stands zoned as Residential 1 offer a versatile canvas for realizing your real estate ambitions. Whether you're an investor aiming to develop a rental complex or an individual with dreams of a custom-built home, this opportunity provides an excellent foundation. Don't let this chance to shape your future in the real estate market slip through your fingers. The golden opportunity is knocking at your door, waiting for you to answer the call. It can pave the way for a prosperous future in the world of real estate.
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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.