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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
R1,584

Development opportunity on Beach Road, Strand

Development properties in Strand are becoming very hard to obtain. This prime property is located on Beach Road opposite the main surf spot at Melkbaai Beach on the Strand Golden Mile.
The Erf is zoned as GR5, and a five-story building can be built on this Erf.
This can contain a shop at the bottom and apartments on top.
Currently, there is a 3 bedroom house on the erf, consisting of:
3 x bedrooms; 2 x bathrooms; open-plan lounge and dining room; large kitchen; study and 1 x garage.
Alarm system and electrical fence.
With some renovations and extensions, this house can be converted into a guest house.
Serious buyers can contact us to arrange for a viewing.

Features

3
2
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
3
Security
Yes
Sizes
Floor Size
182m²
Land Size
496m²

Strand North, Strand

Nestled between the serene confines of Main Road and Broadway Boulevard, Strand North stands as a testament to the perfect harmony of coastal charm and contemporary living. Bordered by the gentle meanderings of the Lourens River on one side and the picturesque allure of Beach Road on the other, this suburb isn't just a location but an experience. Every corner whispers tales of its rich history, while the modern...
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In the news

Cape rental market presents opportunities for landlords
The Cape rental market has grown exponentially as demand for the Cape lifestyle expands, with an influx of people to the market keeping rental agents very busy, according to the Seeff Property Group. The Western Cape property...
 
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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
%

Monthly Payment

102,952.17

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