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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

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R3,433

DEVELOPMENT LAND FOR A STEAL

This 8,5ha vacant land is found in Olivenhoutbosch Farm on the borders of the Cities of Tshwane and Johannesburg. It is located along Jakalasi Street and can be accessed either from Summit Road or R55, turn left and approximately 55m from the Olievenhoutbosch Shopping Centre.

The City of Johannesburg has approved the development of 372 units on the property consisting a total of 124 units @ 106sqm and 248 @ 77sqm. There is wetland measuring 1.6ha on the property and as we may be aware , the presence of wetland serves as a contributory economic driver as crops and other plants are receptable to the feature. It also serves as conserver of water during rainy season and protects soil erosion.

The 3 x buildings on the property are currently rented out to a private school which we consider to be a deterrent to potential vandalim by the neighbouring informal settlement.

Eskom electricity is functional on the land including a borehole and sewerage connection is about 400m from the property.


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Features

0
0
Pets Allowed
Yes
Sizes
Land Size
85,653m²
 
  • 1
 

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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

69,317.93

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