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R21,750,000

Monthly Bond Repayment R235,706.29
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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A GREAT NEED FOR HOUSING IN BRITS

The "Essential Development" opportunity in Brits, North West, presents an ideal prospect for developers and investors seeking to capitalize on a prime location with significant potential for new housing developments. Here are the key aspects of this opportunity:

Location and Zoning: The property is located in an area bordering Brits - Ou-Kasie, with proposed development establishment already approved. It is ideally suited for the development of townhouses and flats, as it is zoned for residential use. The location is central and conveniently located, being just ten minutes away from the center of Brits.

Accessibility and Amenities: The property is in close proximity to Brits town, shopping centers, Brits hospital, schools, and colleges, making it easily accessible to highways and other roads. This prime location offers the convenience of being near essential amenities and transportation routes.

Development Potential: The property offers an opportunity for various types of housing developments, including small, spacious, walk-up, double-storey, and more. The need for housing is emphasized, making this location an ideal fit for addressing the demand for residential properties.

Approved Township and Business: The development opportunity comes with approved township status and the potential for general business, shops, professional chambers, and more, allowing for a diverse range of development options.

Property Size: The property spans 32.494 hectares, providing ample space for extensive development and expansion.

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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

235,706.29

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