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R15,500,000

Monthly Bond Repayment R167,974.59
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R846

Vacant Land for Development

Commercial development opportunity located in the commercial node of Eersterivier. The size of the vacant land is 6,451m2 and is adjacent to an existing commercial retail centre.
Please note the selling price is EXCLUDING VAT.
The land is rectangular in shape and is ideal for commercial retail development. The cost of earthworks and construction should be reduced as the land is fairly level, with several access points.
Eersterivier is centrally located:
• Situated next to main arterial route 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 - forms part of the Eersterivier retail node with high retail capacity demand in Eersterivier CBD area.
• Potential customer access from Eersterivier, Penhill, Bluedowns and Khayelitsha residential areas.
• Area is earmarked for high-density residential living development.
• Roads and infrastructure development completed.
• Limited land available for retail 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:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

167,974.59

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