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R7,500,000

Monthly Bond Repayment R77,414.13
Calculated over 20 years at 11% with no deposit. Change Assumptions

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2Ha Vacant Land For Sale in Norton Home Estate

42 Doreen Road – Holding 42, Nortons Home Estates AH

Situated in the Norton Park Estate, Benoni* (bordering Pamona, Kempton Park), this prime parcel of land spans *25,733 square meters* (2.57 hectares) and occupies a strategic position between the bustling High Road and Great North Road.

Current Zoning: Agricultural
Precinct: D (Triangle between Great North Road & High Road)
Designation: Mixed-Use Infill Zone

Allowable Land Uses Include:
- Mid- to high-density residential development;
- Community-oriented uses (e.g., institutions, places of worship);
- Home undertakings and professional home offices;
- Places of instruction;
- Places of refreshment (e.g., cafes, restaurants);
- Business buildings and hi-tech industrial use;
- Medical- and agriculturally oriented uses;
- Residential establishments.

Regional Spatial Development Framework (RSDF) Classification:
- *Mixed-Use (Business/Retail Bias):* The property is positioned within a primary/secondary node, emphasizing business and retail components, supported by middle- to high-density residential development.

Key Features:
- Expansive, versatile land parcel in a high-growth corridor;
- Strategic location with direct access to major transport routes;
- Ideal for forward-thinking developers eyeing mixed-use, commercial, or residential projects;
- Agricultural zoning offers immediate use potential, with scope for rezoning/development aligned with the RSDF.

Opportunity:
Secure a sizable, strategically located property in a rapidly evolving area. Perfect for investors or developers seeking to capitalize on Benoni’s urban expansion and demand for integrated business-residential hubs.

Norton Home Estate, Benoni

Benoni is a sprawling city situated on the East Rand of Gauteng. This area forms part of the Greater Johannesburg region, and since 2000 has been part of the Ekurhuleni Metropolitan Municipality. The "City of Lakes" as it is now known, was proclaimed a municipality in 1907, and achieved city status in October 1992. Whilst Benoni started as a “gold town” it has evolved over the years and is...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International 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.

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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

77,414.13

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