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R3,500,000

Vacant land for sale Macassar

Vacant land for sale Macassar

A rare opportunity to buy Erf number 1188 a vacant land of 5.2 HA (51 401m²) on sale.

Location:
The property is located on a hill next to the current Somchem Industrial area next to Macassar. From the peak of the hill you overlook the warm Indian Ocean, stretching from Gordon’s Bay to Simons Town in False Bay. The property then slopes down in a northerly direction overlooking the Eerste River.

Historical Value
It is located less than 500 meters of the Sheikh Yusuf Kramat in Faure. It is from this area that the message of Islam was disseminated to the slaves in the Cape.

Future Prospects
The property is currently zoned as agricultural land and its location offers huge business opportunities for future developments, such as an Islamic Theological College. Or alternatively chalets for Holiday makers could be easily erected. Since the ground is rich in building sand and limestone your building cost could drastically be slashed.

This area is currently the last elevated stretch of land along the False Bay coastline; it could easily become your next Plattekloof hill; or a Strandfontein Heights decorated with beautiful double Story houses, with False Bay warm waters at your feet. Servitudes will be provided by Town planning. There is already electricity and water on top of the hill awaiting your legal connections.

There was Town Planning proposed linking Baden Powell drive to Beach Road and the expansion of the Heartland and AECI development, along the Strand coastline. Access to the property will easily be possible from the sea side. This development will also exponentially increase the value of the property in the near future.

Features

0
0
Zoning:
Commercial
Exterior
Security
No
Sizes
Land Size
51,401m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the CCH (Cape Coastal Homes / City Country Homes) website is accurate and up to date, CCH (Cape Coastal Homes / City Country Homes) 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

R
%

Monthly Payment

46,738.65

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