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Commercial and Residential Development Land

Development opportunity located in the commercial node of Eersterivier.
The land is rectangular in shape and adjacent to an existing commercial retail centre with several access points. The property is zoned as General Business and allows for residential development as well.
Please note the selling price is EXCLUDING VAT.
Eersterivier is centrally located:
• Situated next to the main arterial route (R102) between Somerset West and Cape Town:
• There are four access roads in and out of the area with high traffic volumes and high pedestrian traffic.
• Easy access to public transport at Eersterivier train station and taxi rank which ensures affordable public transport options.
City of Cape Town future development plan:
• Property situated in the Eersterivier commercial node with high retail capacity demand in Eersterivier CBD area.
• Potential customer access from Eersterivier, Blackheath, Penhill, Bluedowns and Khayelitsha residential areas.
• Area is also earmarked for high-density residential living development.
• Roads and infrastructure development completed.
• Limited land available for commercial development in the area.

 
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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

191,739.77

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