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R7,400,000

Monthly Bond Repayment R78,915.79
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Zoned Residential 3 Prime Development Land in Allen's Nek

Situated in the thriving suburb of Allen's Nek, this prime piece of land presents an exceptional development opportunity. The land is strategically located in a well-established area surrounded by a mix of residential townhouses, office buildings, and commercial hubs. This area is in close proximity to a major shopping center, making it a desirable location for both developers and residents.

Key Features:
Zoning: Residential 3
Density: 40 dwelling units per hectare
Maximum Height: 2 storeys

The site is ideal for high-density residential developments such as townhouses or apartment complexes, offering flexibility and room for innovative architectural design. With its zoning, the property can support up to 40 units per hectare, providing significant potential for growth in an area that continues to see rising demand for housing.

Surroundings:
Surrounded by established townhouse complexes and office buildings
Conveniently located near a major shopping hub, offering easy access to retail, dining, and other amenities

Development Potential:
The zoning and density allowance make this erf a prime candidate for developers looking to capitalize on the increasing demand for residential units in the area. The proximity to both residential and commercial developments further enhances the appeal of this land as a sound investment.

Conclusion:
The land presents a rare opportunity to develop within a highly sought-after area of Roodepoort. With ample space for a high-density residential project, excellent access to amenities, and a well-established surrounding infrastructure, this property is poised to deliver significant returns for the right developer.

Allen's Nek, Roodepoort

For homeowners seeking to invest in Krugersdorp, Randburg or Roodepoort property, Leapfrog offers an excellent range of properties to rent or purchase in this prime area, ensuring something to suit all tastes. The New West Rand area encompasses the suburbs of Roodepoort, Krugersdorp (also known as Mogale City) and Randburg, and offers a range of property options from large free standing houses to apartments and many...
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Roodepoort, a great neighbourhood to buy in
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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

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Monthly Payment

78,915.79

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