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R15,000,000

Monthly Bond Repayment R162,556.06
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Luxurious Investment & Development Opportunity

This prime vacant, serviced land is uniquely positioned in the middle of the very popular Lombardy Estate’s serene and lush surroundings.

Rezoning is already in place.

Due to the downsizing trend, the luxury apartment market is steadily growing.

Affluent, middle-aged buyers look forward to moving out of traditional high-maintenance houses and into upmarket flats, stylish, modern living, with reduced maintenance.
Lombardy piazza investors may request various hotel services, including housekeeping and concierge services.
Being high-rise, these luxurious and exclusive apartments will enjoy an unhindered view of the Lombardy water lakes and beautifully landscaped gardens.

ERF USE:
Residential
LOCATION:
Uniquely positioned in the middle of Lombardy Estate & serene lakes and lush surroundings.
SIZE:
9436 M²
BUILDING LINES:
3M from street boundaries.
HEIGHT:
Shall not exceed (6) storeys.
DESCRIPTION:
New York-style apartments.
NUMBER OF UNITS:
+/- 50 Luxury units.
AVERAGE UNIT SIZE:
Dependent on the final concept design.
FLOOR AREA RATIO (FAR):
Shall not exceed (1.2)
PARKING:
As per the town planning scheme.
COVERAGE OF BUILDING:
Will be in accordance with the approved site development plan.

Lombardy Estate, Pretoria

Pretoria is the capital city of South Africa and is located in the thriving province of Gauteng. Read on for a snapshot of what you can experience living in one of Pretoria's stunning properties.  A brief history of the area  Pretoria was founded in 1855. A longstanding symbol of the hard work that went into achieving South Africa's democracy, it became the administrative capital of the country in 1910...
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The Property Practitioners Act, 22 of 2019 (PPA) & the Regulations that were Gazetted on 14 January 2022 came into operation on 1 February 2022 and brings a number of changes to the property industry. Gerhard van der Linde,...
 
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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

R
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Monthly Payment

162,556.06

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