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R5,300,000

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R2,985 Excl. VAT

A wonderful opportunity for a developer to construct warehousing and workshops in Eureka/Wilsonia!

Close to Johnson & Johnson, Mdantsane and the N1. A development opportunity, perfect for a construction, engineering or transport companies. The sub-division application for the land measuring 24 282 m² was approved but now lapsed. (See Diagram)

The proposed sub-divisions for the seven sections:
(1) 600 m² warehouse (20 x 30) with service pit on land measuring 6283 m², having a 6m high IBR roof with 4 rollup doors of 4.5m (h).
(2) Level sites ready to commence building operation measuring 3943 m² and 2094 m².
(3) Three erven measuring 2000 m², 2180 m² and 2017 m².
(4) Face brick house (converted into offices) comprising: -Three bedrooms, two bathrooms, lounge, dining room, kitchen with tiled roof and aluminum windows on a 2040 m² erf.

The property is securely fenced and located in a quiet cul-de-sac. The price being R6 300 000 plus VAT.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
610m²
Land Size
24,882m²

Eureka, East London

East London in the Eastern Cape is a vibrant area known for its rich cultural diversity, historic landmarks and thriving arts scene. The area is family-friendly and boasts a variety of property types. East London, fondly referred to as Buffalo City, offers a perfect blend of traditional values and relaxed charm, making it an ideal place to set roots. East London's airports/routes: travel...
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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

73,759.54

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