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R6,500,000

Monthly Bond Repayment R69,317.93
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Res 3 Zoned Development Land for sale in Cloverdene

2.24 Ha Land for +- 179 Units @ R40 000/ Per Opportunity.
Besides the house there are 3 existing flatlets which generate an excessive R 13 000pm rentals.

Prime Land - Zoned for DEVELOPMENT - Perfect Location!

Approvals:
Zoning - Res 3
Up to 80 units per Ha.
Approved Conditions of Establishment and Township.
Environmental Impact.
Geo Tech Support.

The development land offers over 178 Res 3 opportunities.
Further documentation and info available, but as per seller's instruction info will only be released on receipts of a company profile.
Bulk contributors/services for purchaser account.
All services are available. Purchase price - R 5 285 000.
NB! Outright purchase - No joint ventures will be considered.
close to all central routes and OR Tambo International Airport.
There are major residential developments taking place in the area.
There are top healthcare facilities, libraries and schools available as well as a variety of shopping centers.
For other family entertainment, there are plenty of sporting facilities available.
The comments from the Municipality were definitely to link to the closest water-borne sewer system.
The same will be down Cloverdene road and link in Ninth Road (exiting bulk-line).
Remember there is opportunity to subtract this expenditure from bulk contributions and even negotiate with others that wants to ink on the bulk-line to contribute.

Rynfield AH, 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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Luxury living in harmony with nature, in bustling Benoni
Imagine living in a place so peaceful you can watch a flight of flamingos from your front veranda - and observe the activities of hundreds of other bird species from spectacular private hides and "green" boardwalks in a nature...
 
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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

69,317.93

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