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R21,815,000

Monthly Bond Repayment R210,519.47
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Rates
R1,429

4Ha Vacant Land For Sale in Eldorette

Security Estate - Already fenced with palisade and gate house. First unit already built. Close to Willem Cruywagen Road.

The full 4ha development which consists of 102 single story three bedroom units in blocks of two units each.

● Site development plan and building plans which owner will undertake to get approved as soon as the property is proclaimed.
● Existing internal roads and parking for all 100 double storey two bedroom units or 50 single storey three bedroom units.
● Existing storm water system installed for all 100 double storey two bedroom units and 100 single storey three bedroom units.
● Existing gate house and boundary walls.
● Two existing three bedroom show units.
● Existing external electrical T3 connection, link cabling and street lighting + min-sub and full roll of cable for internal reticulation.
● Electrical bulk contributions already paid to City of Tshwane.
● Signed service agreements with City of Tshwane for electricity supply, roads, stormwater, sewer and water supply.
● NHBRC fees for first 10 units.
● Two freight containers and complete serviced construction workers camp as well as landscaping at gate house and show unit.

Project status summary:

Town planning - Completed and paid for in full.
Environmental Approvals - Completed and paid for in full.
All other consultants - Completed and paid for in full.
Proclamation - Development not proclaimed - proclamation will take ± 45 days once outstanding bulk contributions are paid.

● Building Plans - Need to be submitted to Tshwane.
● Tshwane plan submission fees - Paid in full.
● electrical engineers - Paid for all work completed to date - further fees will be payable for the completion of the internal reticulation.
● Civil engineers - All designs completed - fees payable when project proceeds.
● Land Surveyor - Paid for all work completed to date - further setting out of fees payable.
● Legal fees - Paid for all work completed to date.
● Gate house - Completed and paid for in full.
● boundary wall - Paid for all work completed to date - you may want to wall the northern boundary but i don't think this is required as there is an existing electrical fence.
● Internal Water - Only temporary water for construction purposes exist.
● Internal Electricity - Temp builders power to show houses and workers camp exists - Mini-sub and main internal cable is in a container on site.
● Internal Sewer - Temporary sewer exists for show houses and site toilets - No other internal sewer reticulation.
● Internal Roads - Paved roads and parking for the first 100 two bedroom units or 50 three bedroom units are completed and paid for in full.
● Internal Storm Water - Completed and paid for in full.
● External and bulk contribution water - Completed and paid for in full.
●External and bulk contributions R and SW - first 10 units fees are paid in full.

 
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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:

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Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

210,519.47

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