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R9,500,000

Monthly Bond Repayment R102,952.17
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R11,000

Prime Zoned Residential Development Land

This is a 4.1663ha residential development land with approvals in place for residential-2 development. The township establishment is approved (Noordwyk EXT 103) with bulk services available in the area and approved to support higher density. There is linked access to main roads and municipal facilities to the consolidation of 2 ERFs, which is the last piece in a strategic intersection. The wetland flood line has been mapped out in the environmental and geotechnical impact assessment.

Approved zoning: Residential 2
Height: 4 Storeys
Coverage: 40%
Floor Area Ratio (F.A.R): 0.9
Density: 80 Dwellings /ha (High potential for increase)
Estimated Engineering Fee: R489,000

Noordwyk, Midrand

About the suburb of Noordwyk Noordwyk is a suburb located in the city of Midrand, South Africa. It is in the southern part of Midrand and is bounded by the N1 highway to the north, the R55 road to the west, the Midrand CBD to the east, and the suburb of Carlswald to the south. Noordwyk is a mixed-use suburb of residential, commercial, and industrial areas. The suburb is well-developed, with many...
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Young buyers drive high demand for affordable Midrand property
Midrand is a vast area linking Johannesburg and Pretoria. It is one of the fastest growing areas, attracting 47% millennial buyers, among the highest in the country over the last year according to Charles Vining, managing...
 
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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

102,952.17

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