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R3,450,000

Monthly Bond Repayment R36,791.82
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R9,994.9

Exclusive Residential Development Opportunity in Midrand

Located in the vibrant heart of Midrand, Gauteng, this 3-hectare parcel of land is a standout opportunity for developers, investors, and homebuilders. Midrand is a highly desirable area with a rapidly growing residential market.

Key Features:

Zoning: Currently designated for Residential One use, the land is ideal for single-family homes or low-density residential communities. This zoning supports a diverse range of housing options for families, professionals, and individuals seeking a tranquil yet accessible living environment.

Development Potential: The property offers the potential for rezoning, allowing for higher-density residential units or mixed-use developments that combine living spaces with commercial or recreational facilities. This flexibility enables developers to tailor projects to market demands and maximize the land’s value.

Strategic Location: Midrand is strategically positioned between Johannesburg and Pretoria, benefiting from excellent infrastructure, including the N1 highway for easy access to both cities. The area is well-served by essential amenities such as schools, shopping centers, and healthcare facilities, enhancing its appeal as a prime residential destination.

Growing Community: The surrounding neighborhood features a mix of established residential areas and new commercial developments, creating a balanced environment that supports both living and economic growth. This dynamic blend makes Midrand a sought-after location for both residents and investors.

Why Invest in Midrand? Midrand is a hub of economic and residential growth, known for its strategic location and robust infrastructure. The area’s continuous development and high demand for quality housing make this 3-hectare land parcel a valuable investment opportunity.

Don’t miss out on this exceptional opportunity to be part of Midrand’s dynamic growth. Schedule a viewing today!

President Park, Midrand

Midrand was established around a small village called Halfway House due to its location being halfway between Johannesburg and Pretoria.  Midrand is conveniently situated 38 kms from Lanseria airport and 22 kms from OR Tambo International airport. Midrand also offers residents commuting to and from the big cities convenient travel on the high-speed Gautrain rail system. The weather in Midrand is generally warm...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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

 

LOAN AVAILABLE

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Monthly Payment

36,791.82

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