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R975,000

Monthly Bond Repayment R9,408.96
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Rates
R512

Great investment opportunity available

This plot is currently the largest plot for sale in Chatsworth offering 5 948m² (just over 0.5ha) which makes this is the ideal investment opportunity. It is nestled between Edward and Malmesbury road in Chatsworth South or also known as the upper part of Chatsworth. This land can be developed into a sectional title scheme, a security complex or subdivided into 10 plots of 594.8m² each and sold off separately. It's located in Chatsworth South and walking distance from the sports field. Chatsworth is a town located approximately 22km from Malmesbury just off the N7 towards Cape Town. It has become increasingly popular over the past few years as property prices in Cape Town and surrounding areas increased together with the increase of crime. Although the area is still very rural with gravel roads, it is developing at a fast rate and hopefully in a few years time, Chatsworth will be a thriving town with a sustaining economy of it's own. For now residents commute to other cities. Chatsworth hosts a primary school, high school children tend schools in Atlantis and Malmesbury. Eskom supplies electricity in the area, the local municipality is responsible for water and refuse services. There is no sewerage system in Chatsworth, residents install septic / conservancy tanks which are emptied when required by the local municipality at a fee. Normal building regulations apply.

There are various ways to finance the purchase of a vacant land, should the buyer qualify and if applicable:
- A buyer can apply for a 60% bond but must pay 40% deposit and transfer / bond registration fees cash.
- A buyer can apply for a second bond on their existing property for the full purchase price plus transfer fees.
- A buyer can apply for a personal loan to cover the purchase price and transfer fees.
- The purchase of a vacant land can be subject to the sale of the buyer's existing property or payout of a pension fund or investment.
No payment arrangements in the form of monthly installments will be accepted.

Chatsworth, Malmesbury

About 65km north of Cape Town, you'll find the historic town of Malmesbury, located in close proximity to wine farms and surrounded by wheat fields, mountains and summer flowers. Located in a scenic part of the world known as the Swartland Wine Route, Malmesbury offers wine tasting, good food and opportunities for some superb hiking. Since its inception, Malmesbury has been a community characterised by farming, and...
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In the news

Cape commuter towns for easy living
You can ditch the city for the country life and still be close enough to the Cape metro, says the Seeff Property Group. Excellent road infrastructure such as the R27 West Coast Road, N7 which now extends to Malmesbury, and the...
 
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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

9,408.96

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