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R24,000,000

7278sqm MU2 Development opportunity in Wynberg

Brand new development site is up for sale in the hub of this Southern Suburbs CBD.

The property has development rights with large bulk available on the site ideal for a Mixed use apartment block.

The property currently has tenanted shops with a combination of month-to-month and medium term leases.

Here the property portfolio includes 3 different erfs with a total size of 7 278 square meters

The zoning is MU2 (Mixed Use)

The available Bulk is over 29 000 square meters

Features:

- TOTAL COMBINED ERF AREA: 7,278 m2

- TOTAL COMBINED BULK AREA: 29,112 m2

Features

20
40
Zoning:
Mixed Use
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
7,278m²
Building Height
20m
Parking Bays
Covered Parking Bays
20
Open Parking Bays
40
Extras
24 Hour Access  • Alarm System  • Boomed Area

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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

340,870.70

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