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R420,000

Monthly Bond Repayment R4,479.00
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,100

MULTIPLE STANDS AVAILABLE- YOU CHOOSE!

The vacant land in De Deur Estate presents a promising opportunity for those with a vision for development. With 12 available stands awaiting transformation, this location offers a canvas for ambitious projects. The potential for building a complex and renting out units is a lucrative venture that should not be overlooked. One of the key advantages of these stands is that they are already zoned for Residential 1, simplifying the development process considerably. This zoning designation typically allows for single-family homes or multiple dwellings, making it a versatile choice for builders and investors. It's important to note that when financing vacant land, banks generally offer loans covering up to 60% of the property's value. This means that prospective buyers will need to provide a 40% deposit to secure the land. However, an alternative option is to explore a comprehensive building package that includes architectural plans and other necessary elements. This can simplify the financial aspects of land acquisition and development.

The flexibility of this opportunity extends beyond mere investment. For those dreaming of creating their ideal home, this is a chance to make that vision a reality. Engaging an architect to design a house that fits the needs and aesthetics of the 21st century is an exciting prospect. Whether you are an investor looking to profit from rental income or an individual seeking to build your dream home, these vacant stands offer a myriad of possibilities.
The De Deur Estate location, likely with its unique charm and appeal, provides an attractive backdrop for development. As you explore the potential of these vacant stands, consider the various sizes and their corresponding prices, tailoring your investment to your specific goals. With careful planning and strategic execution, this opportunity could open doors to a prosperous future, making the dream of a complex, a modern home, or a shrewd investment a reality. Don't delay – take the first step towards unlocking the potential of this prime real estate and seize the opportunity knocking on your door in De Deur Estate.

 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

4,479.00

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