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R22,800,000

Monthly Bond Repayment R247,085.21
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R14,000

APPROVED Development opportunity!

Priced to sell! Well-positioned 8617m² development land in an exploding area!

Option One -

Break ground and start the process.

Critical time-delays cut short - the SDP is in place for 78 Apartments.
Traffic, Storm water, Landscaping, 3 phase electricity supply with supply
unit, Engineer's reports, City Planner, Architect - paid for and approved.

Provision for 124 parking bays in place.

Provision for 73 x 55m² two bedroom Apartments are place at a selling
price of ±R1 300 000 per unit.

Provision for 5 x 100m² three bedroom Apartments are place at a selling
price of ±R2 000 000 per unit.

Approved Development land is here today - gone tomorrow!

OPTION Two -

Investigate other unique opportunities such as:

A school or pre-school - the demand for more schools are huge with the
influx into the Western Cape!
DEMENTIA Center - demand since the pandemic increased. Patients pay
R18 000 p.m. for a 15m² monitored bed- & bathroom.
Small Mall
Business Park
Spar or Checkers
Daycare center
Health Spa
Wellness Center and Gym
Medical Center
A Day Hospital
A Retirement Village

Investigations were done for a borehole and new owners can pursue this.

The sought after property is next to a modern, upmarket Development,
in walking distance to a 5-star Hotel, Wine Farm, Restaurant's, Venues
and a Golf Course.

The options are endless - the time is now!

Let's get the ball rolling!

Features

0
0
Exterior
Carports / Parkings
124
Security
Yes
Sizes
Floor Size
1,000m²
Land Size
8,617m²
 
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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

247,085.21

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