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R22,000,000

Monthly Bond Repayment R215,961.55
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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STUNNING 30,000m DEVELOPMENT PROPERTY WITH LARGE HOUSE IN KYALAMI

Calling all developers. This stunning 30000 meter squared property by the banks of the Jukskei River, in a perfect location just below Kyalami Racetrack and close to Waterfall Estate is ideal for an upmarket residential development in a quiet and tranquil environment.
The application for rezoning to Residential 2 was submitted 4 years ago and is expected to be approved in the early new year.
Together with the neighboring property which also has river frontage, the total land size together is 50,000 meter squared

Currently on the property is a large 4 bedroom, a separate one bedroom flat let - both of which could be would be used for a clubhouse or offices. The property also includes servant quarters, double garage, large tool shed, bore hole and large swimming pool.

Barbeque Downs / Kyalami is a very sought after location and both commercial and residential development is booming. It is 10 minutes from Midrand, offers easy access to the major highways and arterial routes and is in close proximity to a number of excellent private and government schools, hospitals and other amenities.

This is a very exciting opportunity - not to be missed.

Features

4
3
2
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
1
Security
No
Flatlet
1
Domestic Accommodation
1
Pool
Yes
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Meridian Realty website is accurate and up to date, Meridian Realty 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
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

215,961.55

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