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R14,950,000

Monthly Bond Repayment R159,431.23
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Developers Dream Opportunity

Milnerton is a bustling suburb situated a few kilometres away from Cape Town, South Africa. This growing urban location has a diverse community of residents, and it offers a wide range of amenities such as fantastic shopping centres, restaurants, and entertainment facilities. The craving for residential space in Milnerton is on the rise, making this the perfect scenario to develop something extraordinary for the community.

The 2550 square metre site could be transformed into a fantastic residential complex that can offer a sense of community and togetherness. The developer could create a living space that caters to every individual's needs, making Milnerton a place to call home. The complex can consist of a mix of homes, from spacious apartments to cosy townhouses, including everything from an array of amenities to modern design.

The opportunity to create specific areas of social gathering is vast, such as a club house, braai areas, a large swimming pool, or a children’s play area. An essential consideration to keep in mind will be ample parking for residents and visitors. Security should also be a top priority in any modern residential complex and be well secured with access control.

Apart from catering to the community and providing them with a sense of belonging, the location is perfect for young professionals as Milnerton is home to several of South Africa's top employers, including the Cape Town International Airport, Mediclinic Milnerton, and the Montague Gardens Industrial Area.

Milnerton is the ideal location for developers to create a residential complex that caters to the desires of the local community. By understanding the needs of potential residents, such as the demand for convenience, safety, and community, the developer can create a space where people are proud to live. With a developer’s dream opportunity, an exceptional residential complex that appeals to everyone in Milnerton is just a brainstorm away.

Features

9
9
2
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
9
Kitchens
2
Reception Rooms
4
Studies
1
Exterior
Garages
2
Carports / Parkings
10
Security
Yes
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Floor Size
320m²
Land Size
2,550m²
 
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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

159,431.23

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