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R6,495,000

Monthly Bond Repayment R70,386.77
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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PRIME POSITION - PRIME DEVELOPMENT OPPORTUNITY

PRIME POSITION - PRIME DEVELOPMENT OPPORTUNITY - Located in a prestigious suburb, this prime property offers a once-in-a-lifetime opportunity for your dream home or an exclusive development. Negotiating offers from R5 900 000, asking R6 495 000.

With almost 5000 sqm of prime land, this stunning property is ideal for building a signature home or creating a secure complex/estate.

This property is situated on a boomed-off avenue and provides a coveted location near major routes, Gautrain stations, shopping centers, renowned schools, and places of worship in Sandton, Bryanston, Hyde Park, and Rosebank.

REZONING APPLICATION IN TERMS OF SECTION 21 OF THE CITY OF JOHANNESBURG MUNICIPAL BY-LAW, 2016, READ IN CONJUNCTION WITH THE SPATIAL PLANNING AND LAND USE MANAGEMENT ACT, 2013, (ACT 16 OF 2013) WILL ALLOW REZONING FROM RESIDENTIAL 1 TO RESIDENTIAL 2 (CLUSTERS).

The property's potential is exceptional, with the possibility of developing 8 freestanding clusters (A height of two storeys will be supported).

Electricity and water are already installed, offering convenience and excellent development prospects.

Whether you envision your dream home or a luxury complex, this property is a blank canvas awaiting your creative vision. Don't miss this rare opportunity to own prime real estate in a prestigious suburb.

Act quickly as opportunities like this are extremely rare - Contact me now for a personal viewing and turn your dream home or development into a reality.

 
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Disclaimer: While every effort will be made to ensure that the information contained within the Firzt Realty website is accurate and up to date, Firzt Realty 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

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

70,386.77

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