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R1,200,000

Monthly Bond Repayment R12,797.16
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R232

PRICED TO SELL - WELL-SITUATED, LEVEL AND FERTILE NINE HECTARE AGRICULTURAL HOLDING IN GROOTVLEI

PRICED TO SELL - WELL-SITUATED, LEVEL AND FERTILE NINE HECTARE AGRICULTURAL HOLDING IN GROOTVLEI
This property is an excellent investment opportunity in an area where large tracts of vacant land are in high demand.

Nine hectares of level agricultural land adjacent to the N1 North (Pietersburg Highway) in Grootvlei.

The area is renowned for the fertile soil and abundant underground water. Tomatoes were previously produced here on large scale for the market.

Easily access from the Murray Hill offramp on the N1 North highway.

Rates and Taxes: R232.00

DEVELOPMENT POTENTIAL:

• Large monthly rental income can be generated by having a company renting Highway side of property for a large billboard
• Intensive crop farming
• Feedlots
• Prime residential development
• Security housing estate
• Current trees on a portion of the property can be sold to contractors who remove the trees and remove the wood.

IN PROXIMITY TO:

• 10 kms north of Petrol Port
• 10 kms from Hammanskraal
• 17 kms to SAPD Hammanskraa
• 18 kms to Jubilee Hospital
• 25 kms to Montana Private Hospital

Contact agent for an exclusive appointment to view.



 
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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

12,797.16

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