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R10,950,000

Monthly Bond Repayment R116,774.04
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R5,899

Development Opportunity in Higgovale!

Team Sierra are proud to present this project to any investor with an appetite for development or just someone looking to build their very own home.

The ERF is 668Sqm, with a South East outlook, overlooking the city, mountain and harbour. Currently this plot has approved development plans for three high-end luxury apartments with a total of seven parking bays. The acquisition will allow the Purchaser acquire these rights. Zoned GR2 and can contact the agent for the SDP and planning approvals.

The other alternative would be to design your own home in one of Cape Towns most desirable green locations. Currently, there are two income generating homes on the property, so rental income could be achieved.

Lets talk.

In the news

Find Your Dream Home with Team Sierra Tyson Properties on the Atlantic Seaboard, Cape Town
The Team Sierra, Tyson Properties Atlantic Seaboard team consists of four highly motivated & experienced realtors, namely Arthur Sierra, Celeste Davidson, Sheldon Lubbe, and Maxine Anderson. Boasting R100m worth of sales this...
Published 6 Oct 2021
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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
 

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Monthly Payment

R 

116,774.04

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