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R24,000,000

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Monthly Rates
R12,000 Excl. VAT

Development Opportunity – Prime position

Large piece of prime property consisting of 1.72 hectares. A prime position in the heart of Lynnwood Ridge on Lynwood road. An opportunity for developers not to be missed. This prime spot and area in the heart of Lynnwood Ridge would greatly benefit from high density housing, business rights or retail.

Approximately 0.3 hectares of the property generates an approximate income of R50,000 pm with a lease in place until 12/2020. The remainder of the property is currently used as a farm/residential property with three houses and six storage rooms available on the property.

Close to Lynnwood Road, Lynnridge Mall, Gift Acres Centre and Lynnwood road with easy access to both the N1 & N4

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
300m²
Land Size
1Ha

Lynnwood Ridge, Pretoria

Pretoria is South Africa's administrative capital and offers property and real estate investors a superb selection of properties to choose from. These properties range from magnificent ambassadorial residences and spacious homes to small apartments and starter homes in security villages. Pretoria lies in the pleasant Apies River valley. Its central area is overlooked by the heights of Meintjes Kop and the...
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Retirement trends and new developments in Pretoria
Jimmy Du Preez, an agent with Seeff Pretoria East, says the majority of seniors and retirees commence shopping around for affordable retirement villages in their late 60’s. By ages 70 – 72 years they are usually...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff 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

317,161.77

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