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R14,490,000

Monthly Bond Repayment R152,037.20
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Commercial site for rezoning and development in Midrand in Blue Hills A.H.

One of the last big stands left in the area, which is experiencing significant urbanisation. Access to the property is via two side roads. The property is currently generating a monthly income of over R160,000. It is located 4 km from Blue Hills Shopping Centre. Currently zoned as agricultural, the property has substantial development potential.

Adjacent to the office is the main house with 3 bedrooms, 3 bathrooms, 3 reception rooms, and a study. Additionally, there are 7 rented cottages as part of the residential component, which includes its own games room, swimming pool, and braai area. The main revenue is collected from 160 storage units, totalling 2880 m², plus income from Wi-Fi towers installed on the far corner of the property. There is a borehole for water; however, municipal water is available as well.
Don't miss out on this exceptional investment opportunity where you can still personalise your required rezoning. Contact me to arrange a private viewing.

Features

0
0
7
Pets Allowed
Yes
Exterior
Garages
7
Carports / Parkings
1
Security
Yes
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
3,900m²
Land Size
8Ha
 
  • 1
 

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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

R
%

Monthly Payment

152,037.20

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